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challenging investment environment with $ 15.0 billion , or 95% ( 95 % ) , of net inflows coming from institutional clients , with the remaining $ 0.8 billion , or 5% ( 5 % ) , generated by retail and hnw clients . defined contribution plans of institutional clients remained a significant driver of flows . this client group added $ 13.1 billion of net new business in 2012 . during the year , americas net inflows of $ 18.5 billion were partially offset by net outflows of $ 2.6 billion collectively from emea and asia-pacific clients . the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 52% ( 52 % ) , or $ 140.2 billion , of multi-asset class aum at year-end , up $ 14.1 billion , with growth in aum driven by net new business of $ 1.6 billion and $ 12.4 billion in market and foreign exchange gains . these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget . in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions . 2022 target date and target risk products ended the year at $ 69.9 billion , up $ 20.8 billion , or 42% ( 42 % ) , since december 31 , 2011 . growth in aum was driven by net new business of $ 14.5 billion , a year-over-year organic growth rate of 30% ( 30 % ) . institutional investors represented 90% ( 90 % ) of target date and target risk aum , with defined contribution plans accounting for over 80% ( 80 % ) of aum . the remaining 10% ( 10 % ) of target date and target risk aum consisted of retail client investments . flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings , which are qualified investment options under the pension protection act of 2006 . these products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing . 2022 fiduciary management services accounted for 22% ( 22 % ) , or $ 57.7 billion , of multi-asset aum at december 31 , 2012 and increased $ 7.7 billion during the year due to market and foreign exchange gains . these are complex mandates in which pension plan sponsors retain blackrock to assume responsibility for some or all aspects of plan management . these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives . alternatives component changes in alternatives aum ( dollar amounts in millions ) 12/31/2011 net new business acquired market /fx app ( dep ) 12/31/2012 . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>12/31/2011</td><td>net new business</td><td>net acquired</td><td>market /fx app ( dep )</td><td>12/31/2012</td></tr><tr><td>2</td><td>core</td><td>$ 63647</td><td>$ -3922 ( 3922 )</td><td>$ 6166</td><td>$ 2476</td><td>$ 68367</td></tr><tr><td>3</td><td>currency and commodities</td><td>41301</td><td>-1547 ( 1547 )</td><td>860</td><td>814</td><td>41428</td></tr><tr><td>4</td><td>alternatives</td><td>$ 104948</td><td>$ -5469 ( 5469 )</td><td>$ 7026</td><td>$ 3290</td><td>$ 109795</td></tr></table> alternatives aum totaled $ 109.8 billion at year-end 2012 , up $ 4.8 billion , or 5% ( 5 % ) , reflecting $ 3.3 billion in portfolio valuation gains and $ 7.0 billion in new assets related to the acquisitions of srpep , which deepened our alternatives footprint in the european and asian markets , and claymore . core alternative outflows of $ 3.9 billion were driven almost exclusively by return of capital to clients . currency net outflows of $ 5.0 billion were partially offset by net inflows of $ 3.5 billion into ishares commodity funds . we continued to make significant investments in our alternatives platform as demonstrated by our acquisition of srpep , successful closes on the renewable power initiative and our build out of an alternatives retail platform , which now stands at nearly $ 10.0 billion in aum . we believe that as alternatives become more conventional and investors adapt their asset allocation strategies to best meet their investment objectives , they will further increase their use of alternative investments to complement core holdings . institutional investors represented 69% ( 69 % ) , or $ 75.8 billion , of alternatives aum with retail and hnw investors comprising an additional 9% ( 9 % ) , or $ 9.7 billion , at year-end 2012 . ishares commodity products accounted for the remaining $ 24.3 billion , or 22% ( 22 % ) , of aum at year-end . alternative clients are geographically diversified with 56% ( 56 % ) , 26% ( 26 % ) , and 18% ( 18 % ) of clients located in the americas , emea and asia-pacific , respectively . the blackrock alternative investors ( 201cbai 201d ) group coordinates our alternative investment efforts , including .
Question: what is the value of alternative assets in 2012?
Answer: 109795.0
Question: what is the value in 2011?
| 104948.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
challenging investment environment with $ 15.0 billion , or 95% ( 95 % ) , of net inflows coming from institutional clients , with the remaining $ 0.8 billion , or 5% ( 5 % ) , generated by retail and hnw clients . defined contribution plans of institutional clients remained a significant driver of flows . this client group added $ 13.1 billion of net new business in 2012 . during the year , americas net inflows of $ 18.5 billion were partially offset by net outflows of $ 2.6 billion collectively from emea and asia-pacific clients . the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 52% ( 52 % ) , or $ 140.2 billion , of multi-asset class aum at year-end , up $ 14.1 billion , with growth in aum driven by net new business of $ 1.6 billion and $ 12.4 billion in market and foreign exchange gains . these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget . in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions . 2022 target date and target risk products ended the year at $ 69.9 billion , up $ 20.8 billion , or 42% ( 42 % ) , since december 31 , 2011 . growth in aum was driven by net new business of $ 14.5 billion , a year-over-year organic growth rate of 30% ( 30 % ) . institutional investors represented 90% ( 90 % ) of target date and target risk aum , with defined contribution plans accounting for over 80% ( 80 % ) of aum . the remaining 10% ( 10 % ) of target date and target risk aum consisted of retail client investments . flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings , which are qualified investment options under the pension protection act of 2006 . these products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing . 2022 fiduciary management services accounted for 22% ( 22 % ) , or $ 57.7 billion , of multi-asset aum at december 31 , 2012 and increased $ 7.7 billion during the year due to market and foreign exchange gains . these are complex mandates in which pension plan sponsors retain blackrock to assume responsibility for some or all aspects of plan management . these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives . alternatives component changes in alternatives aum ( dollar amounts in millions ) 12/31/2011 net new business acquired market /fx app ( dep ) 12/31/2012 . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>12/31/2011</td><td>net new business</td><td>net acquired</td><td>market /fx app ( dep )</td><td>12/31/2012</td></tr><tr><td>2</td><td>core</td><td>$ 63647</td><td>$ -3922 ( 3922 )</td><td>$ 6166</td><td>$ 2476</td><td>$ 68367</td></tr><tr><td>3</td><td>currency and commodities</td><td>41301</td><td>-1547 ( 1547 )</td><td>860</td><td>814</td><td>41428</td></tr><tr><td>4</td><td>alternatives</td><td>$ 104948</td><td>$ -5469 ( 5469 )</td><td>$ 7026</td><td>$ 3290</td><td>$ 109795</td></tr></table> alternatives aum totaled $ 109.8 billion at year-end 2012 , up $ 4.8 billion , or 5% ( 5 % ) , reflecting $ 3.3 billion in portfolio valuation gains and $ 7.0 billion in new assets related to the acquisitions of srpep , which deepened our alternatives footprint in the european and asian markets , and claymore . core alternative outflows of $ 3.9 billion were driven almost exclusively by return of capital to clients . currency net outflows of $ 5.0 billion were partially offset by net inflows of $ 3.5 billion into ishares commodity funds . we continued to make significant investments in our alternatives platform as demonstrated by our acquisition of srpep , successful closes on the renewable power initiative and our build out of an alternatives retail platform , which now stands at nearly $ 10.0 billion in aum . we believe that as alternatives become more conventional and investors adapt their asset allocation strategies to best meet their investment objectives , they will further increase their use of alternative investments to complement core holdings . institutional investors represented 69% ( 69 % ) , or $ 75.8 billion , of alternatives aum with retail and hnw investors comprising an additional 9% ( 9 % ) , or $ 9.7 billion , at year-end 2012 . ishares commodity products accounted for the remaining $ 24.3 billion , or 22% ( 22 % ) , of aum at year-end . alternative clients are geographically diversified with 56% ( 56 % ) , 26% ( 26 % ) , and 18% ( 18 % ) of clients located in the americas , emea and asia-pacific , respectively . the blackrock alternative investors ( 201cbai 201d ) group coordinates our alternative investment efforts , including .
Question: what is the value of alternative assets in 2012?
Answer: 109795.0
Question: what is the value in 2011?
Answer: 104948.0
Question: what is the net change in value?
| 4847.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
challenging investment environment with $ 15.0 billion , or 95% ( 95 % ) , of net inflows coming from institutional clients , with the remaining $ 0.8 billion , or 5% ( 5 % ) , generated by retail and hnw clients . defined contribution plans of institutional clients remained a significant driver of flows . this client group added $ 13.1 billion of net new business in 2012 . during the year , americas net inflows of $ 18.5 billion were partially offset by net outflows of $ 2.6 billion collectively from emea and asia-pacific clients . the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 52% ( 52 % ) , or $ 140.2 billion , of multi-asset class aum at year-end , up $ 14.1 billion , with growth in aum driven by net new business of $ 1.6 billion and $ 12.4 billion in market and foreign exchange gains . these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget . in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions . 2022 target date and target risk products ended the year at $ 69.9 billion , up $ 20.8 billion , or 42% ( 42 % ) , since december 31 , 2011 . growth in aum was driven by net new business of $ 14.5 billion , a year-over-year organic growth rate of 30% ( 30 % ) . institutional investors represented 90% ( 90 % ) of target date and target risk aum , with defined contribution plans accounting for over 80% ( 80 % ) of aum . the remaining 10% ( 10 % ) of target date and target risk aum consisted of retail client investments . flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings , which are qualified investment options under the pension protection act of 2006 . these products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing . 2022 fiduciary management services accounted for 22% ( 22 % ) , or $ 57.7 billion , of multi-asset aum at december 31 , 2012 and increased $ 7.7 billion during the year due to market and foreign exchange gains . these are complex mandates in which pension plan sponsors retain blackrock to assume responsibility for some or all aspects of plan management . these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives . alternatives component changes in alternatives aum ( dollar amounts in millions ) 12/31/2011 net new business acquired market /fx app ( dep ) 12/31/2012 . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>12/31/2011</td><td>net new business</td><td>net acquired</td><td>market /fx app ( dep )</td><td>12/31/2012</td></tr><tr><td>2</td><td>core</td><td>$ 63647</td><td>$ -3922 ( 3922 )</td><td>$ 6166</td><td>$ 2476</td><td>$ 68367</td></tr><tr><td>3</td><td>currency and commodities</td><td>41301</td><td>-1547 ( 1547 )</td><td>860</td><td>814</td><td>41428</td></tr><tr><td>4</td><td>alternatives</td><td>$ 104948</td><td>$ -5469 ( 5469 )</td><td>$ 7026</td><td>$ 3290</td><td>$ 109795</td></tr></table> alternatives aum totaled $ 109.8 billion at year-end 2012 , up $ 4.8 billion , or 5% ( 5 % ) , reflecting $ 3.3 billion in portfolio valuation gains and $ 7.0 billion in new assets related to the acquisitions of srpep , which deepened our alternatives footprint in the european and asian markets , and claymore . core alternative outflows of $ 3.9 billion were driven almost exclusively by return of capital to clients . currency net outflows of $ 5.0 billion were partially offset by net inflows of $ 3.5 billion into ishares commodity funds . we continued to make significant investments in our alternatives platform as demonstrated by our acquisition of srpep , successful closes on the renewable power initiative and our build out of an alternatives retail platform , which now stands at nearly $ 10.0 billion in aum . we believe that as alternatives become more conventional and investors adapt their asset allocation strategies to best meet their investment objectives , they will further increase their use of alternative investments to complement core holdings . institutional investors represented 69% ( 69 % ) , or $ 75.8 billion , of alternatives aum with retail and hnw investors comprising an additional 9% ( 9 % ) , or $ 9.7 billion , at year-end 2012 . ishares commodity products accounted for the remaining $ 24.3 billion , or 22% ( 22 % ) , of aum at year-end . alternative clients are geographically diversified with 56% ( 56 % ) , 26% ( 26 % ) , and 18% ( 18 % ) of clients located in the americas , emea and asia-pacific , respectively . the blackrock alternative investors ( 201cbai 201d ) group coordinates our alternative investment efforts , including .
Question: what is the value of alternative assets in 2012?
Answer: 109795.0
Question: what is the value in 2011?
Answer: 104948.0
Question: what is the net change in value?
Answer: 4847.0
Question: what was the 2011 value?
| 104948.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
challenging investment environment with $ 15.0 billion , or 95% ( 95 % ) , of net inflows coming from institutional clients , with the remaining $ 0.8 billion , or 5% ( 5 % ) , generated by retail and hnw clients . defined contribution plans of institutional clients remained a significant driver of flows . this client group added $ 13.1 billion of net new business in 2012 . during the year , americas net inflows of $ 18.5 billion were partially offset by net outflows of $ 2.6 billion collectively from emea and asia-pacific clients . the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 52% ( 52 % ) , or $ 140.2 billion , of multi-asset class aum at year-end , up $ 14.1 billion , with growth in aum driven by net new business of $ 1.6 billion and $ 12.4 billion in market and foreign exchange gains . these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget . in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions . 2022 target date and target risk products ended the year at $ 69.9 billion , up $ 20.8 billion , or 42% ( 42 % ) , since december 31 , 2011 . growth in aum was driven by net new business of $ 14.5 billion , a year-over-year organic growth rate of 30% ( 30 % ) . institutional investors represented 90% ( 90 % ) of target date and target risk aum , with defined contribution plans accounting for over 80% ( 80 % ) of aum . the remaining 10% ( 10 % ) of target date and target risk aum consisted of retail client investments . flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings , which are qualified investment options under the pension protection act of 2006 . these products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing . 2022 fiduciary management services accounted for 22% ( 22 % ) , or $ 57.7 billion , of multi-asset aum at december 31 , 2012 and increased $ 7.7 billion during the year due to market and foreign exchange gains . these are complex mandates in which pension plan sponsors retain blackrock to assume responsibility for some or all aspects of plan management . these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives . alternatives component changes in alternatives aum ( dollar amounts in millions ) 12/31/2011 net new business acquired market /fx app ( dep ) 12/31/2012 . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>12/31/2011</td><td>net new business</td><td>net acquired</td><td>market /fx app ( dep )</td><td>12/31/2012</td></tr><tr><td>2</td><td>core</td><td>$ 63647</td><td>$ -3922 ( 3922 )</td><td>$ 6166</td><td>$ 2476</td><td>$ 68367</td></tr><tr><td>3</td><td>currency and commodities</td><td>41301</td><td>-1547 ( 1547 )</td><td>860</td><td>814</td><td>41428</td></tr><tr><td>4</td><td>alternatives</td><td>$ 104948</td><td>$ -5469 ( 5469 )</td><td>$ 7026</td><td>$ 3290</td><td>$ 109795</td></tr></table> alternatives aum totaled $ 109.8 billion at year-end 2012 , up $ 4.8 billion , or 5% ( 5 % ) , reflecting $ 3.3 billion in portfolio valuation gains and $ 7.0 billion in new assets related to the acquisitions of srpep , which deepened our alternatives footprint in the european and asian markets , and claymore . core alternative outflows of $ 3.9 billion were driven almost exclusively by return of capital to clients . currency net outflows of $ 5.0 billion were partially offset by net inflows of $ 3.5 billion into ishares commodity funds . we continued to make significant investments in our alternatives platform as demonstrated by our acquisition of srpep , successful closes on the renewable power initiative and our build out of an alternatives retail platform , which now stands at nearly $ 10.0 billion in aum . we believe that as alternatives become more conventional and investors adapt their asset allocation strategies to best meet their investment objectives , they will further increase their use of alternative investments to complement core holdings . institutional investors represented 69% ( 69 % ) , or $ 75.8 billion , of alternatives aum with retail and hnw investors comprising an additional 9% ( 9 % ) , or $ 9.7 billion , at year-end 2012 . ishares commodity products accounted for the remaining $ 24.3 billion , or 22% ( 22 % ) , of aum at year-end . alternative clients are geographically diversified with 56% ( 56 % ) , 26% ( 26 % ) , and 18% ( 18 % ) of clients located in the americas , emea and asia-pacific , respectively . the blackrock alternative investors ( 201cbai 201d ) group coordinates our alternative investment efforts , including .
Question: what is the value of alternative assets in 2012?
Answer: 109795.0
Question: what is the value in 2011?
Answer: 104948.0
Question: what is the net change in value?
Answer: 4847.0
Question: what was the 2011 value?
Answer: 104948.0
Question: what is the net change over that value?
| 0.04618 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) net cash used in investing activities during 2013 primarily related to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 related primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013 , net of cash acquired . financing activities net cash used in financing activities during 2014 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . during 2014 , we redeemed all $ 350.0 in aggregate principal amount of the 6.25% ( 6.25 % ) notes , repurchased 14.9 shares of our common stock for an aggregate cost of $ 275.1 , including fees , and made dividend payments of $ 159.0 on our common stock . this was offset by the issuance of $ 500.0 in aggregate principal amount of our 4.20% ( 4.20 % ) notes . net cash used in financing activities during 2013 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . we redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes . in addition , we repurchased 31.8 shares of our common stock for an aggregate cost of $ 481.8 , including fees , and made dividend payments of $ 126.0 on our common stock . foreign exchange rate changes the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 101.0 in 2014 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the canadian dollar , brazilian real , australian dollar and the euro as of december 31 , 2014 compared to december 31 , 2013 . the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 94.1 in 2013 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the australian dollar , brazilian real , canadian dollar , japanese yen , and south african rand as of december 31 , 2013 compared to december 31 , 2012. . <table class='wikitable'><tr><td>1</td><td>balance sheet data</td><td>december 31 , 2014</td><td>december 31 , 2013</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 1667.2</td><td>$ 1642.1</td></tr><tr><td>3</td><td>short-term borrowings</td><td>$ 107.2</td><td>$ 179.1</td></tr><tr><td>4</td><td>current portion of long-term debt</td><td>2.1</td><td>353.6</td></tr><tr><td>5</td><td>long-term debt</td><td>1623.5</td><td>1129.8</td></tr><tr><td>6</td><td>total debt</td><td>$ 1732.8</td><td>$ 1662.5</td></tr></table> liquidity outlook we expect our cash flow from operations , cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months . we also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs . we continue to maintain a disciplined approach to managing liquidity , with flexibility over significant uses of cash , including our capital expenditures , cash used for new acquisitions , our common stock repurchase program and our common stock dividends . from time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk . our ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit rating , and those related to the financial markets , such as the amount or terms of available credit . there can be no guarantee that we would be able to access new sources of liquidity on commercially reasonable terms , or at all. .
Question: what was the total amount of long-term debt in the years of 2013 and 2014, combined?
| 2753.3 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) net cash used in investing activities during 2013 primarily related to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 related primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013 , net of cash acquired . financing activities net cash used in financing activities during 2014 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . during 2014 , we redeemed all $ 350.0 in aggregate principal amount of the 6.25% ( 6.25 % ) notes , repurchased 14.9 shares of our common stock for an aggregate cost of $ 275.1 , including fees , and made dividend payments of $ 159.0 on our common stock . this was offset by the issuance of $ 500.0 in aggregate principal amount of our 4.20% ( 4.20 % ) notes . net cash used in financing activities during 2013 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . we redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes . in addition , we repurchased 31.8 shares of our common stock for an aggregate cost of $ 481.8 , including fees , and made dividend payments of $ 126.0 on our common stock . foreign exchange rate changes the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 101.0 in 2014 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the canadian dollar , brazilian real , australian dollar and the euro as of december 31 , 2014 compared to december 31 , 2013 . the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 94.1 in 2013 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the australian dollar , brazilian real , canadian dollar , japanese yen , and south african rand as of december 31 , 2013 compared to december 31 , 2012. . <table class='wikitable'><tr><td>1</td><td>balance sheet data</td><td>december 31 , 2014</td><td>december 31 , 2013</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 1667.2</td><td>$ 1642.1</td></tr><tr><td>3</td><td>short-term borrowings</td><td>$ 107.2</td><td>$ 179.1</td></tr><tr><td>4</td><td>current portion of long-term debt</td><td>2.1</td><td>353.6</td></tr><tr><td>5</td><td>long-term debt</td><td>1623.5</td><td>1129.8</td></tr><tr><td>6</td><td>total debt</td><td>$ 1732.8</td><td>$ 1662.5</td></tr></table> liquidity outlook we expect our cash flow from operations , cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months . we also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs . we continue to maintain a disciplined approach to managing liquidity , with flexibility over significant uses of cash , including our capital expenditures , cash used for new acquisitions , our common stock repurchase program and our common stock dividends . from time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk . our ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit rating , and those related to the financial markets , such as the amount or terms of available credit . there can be no guarantee that we would be able to access new sources of liquidity on commercially reasonable terms , or at all. .
Question: what was the total amount of long-term debt in the years of 2013 and 2014, combined?
Answer: 2753.3
Question: and what was the total amount of debt in that same period?
| 3395.3 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) net cash used in investing activities during 2013 primarily related to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 related primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013 , net of cash acquired . financing activities net cash used in financing activities during 2014 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . during 2014 , we redeemed all $ 350.0 in aggregate principal amount of the 6.25% ( 6.25 % ) notes , repurchased 14.9 shares of our common stock for an aggregate cost of $ 275.1 , including fees , and made dividend payments of $ 159.0 on our common stock . this was offset by the issuance of $ 500.0 in aggregate principal amount of our 4.20% ( 4.20 % ) notes . net cash used in financing activities during 2013 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . we redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes . in addition , we repurchased 31.8 shares of our common stock for an aggregate cost of $ 481.8 , including fees , and made dividend payments of $ 126.0 on our common stock . foreign exchange rate changes the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 101.0 in 2014 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the canadian dollar , brazilian real , australian dollar and the euro as of december 31 , 2014 compared to december 31 , 2013 . the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 94.1 in 2013 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the australian dollar , brazilian real , canadian dollar , japanese yen , and south african rand as of december 31 , 2013 compared to december 31 , 2012. . <table class='wikitable'><tr><td>1</td><td>balance sheet data</td><td>december 31 , 2014</td><td>december 31 , 2013</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 1667.2</td><td>$ 1642.1</td></tr><tr><td>3</td><td>short-term borrowings</td><td>$ 107.2</td><td>$ 179.1</td></tr><tr><td>4</td><td>current portion of long-term debt</td><td>2.1</td><td>353.6</td></tr><tr><td>5</td><td>long-term debt</td><td>1623.5</td><td>1129.8</td></tr><tr><td>6</td><td>total debt</td><td>$ 1732.8</td><td>$ 1662.5</td></tr></table> liquidity outlook we expect our cash flow from operations , cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months . we also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs . we continue to maintain a disciplined approach to managing liquidity , with flexibility over significant uses of cash , including our capital expenditures , cash used for new acquisitions , our common stock repurchase program and our common stock dividends . from time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk . our ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit rating , and those related to the financial markets , such as the amount or terms of available credit . there can be no guarantee that we would be able to access new sources of liquidity on commercially reasonable terms , or at all. .
Question: what was the total amount of long-term debt in the years of 2013 and 2014, combined?
Answer: 2753.3
Question: and what was the total amount of debt in that same period?
Answer: 3395.3
Question: how much, then, does the total amount of long-term debt represent in relation to the total debt in this period?
| 0.81092 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) net cash used in investing activities during 2013 primarily related to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 related primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013 , net of cash acquired . financing activities net cash used in financing activities during 2014 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . during 2014 , we redeemed all $ 350.0 in aggregate principal amount of the 6.25% ( 6.25 % ) notes , repurchased 14.9 shares of our common stock for an aggregate cost of $ 275.1 , including fees , and made dividend payments of $ 159.0 on our common stock . this was offset by the issuance of $ 500.0 in aggregate principal amount of our 4.20% ( 4.20 % ) notes . net cash used in financing activities during 2013 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . we redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes . in addition , we repurchased 31.8 shares of our common stock for an aggregate cost of $ 481.8 , including fees , and made dividend payments of $ 126.0 on our common stock . foreign exchange rate changes the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 101.0 in 2014 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the canadian dollar , brazilian real , australian dollar and the euro as of december 31 , 2014 compared to december 31 , 2013 . the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 94.1 in 2013 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the australian dollar , brazilian real , canadian dollar , japanese yen , and south african rand as of december 31 , 2013 compared to december 31 , 2012. . <table class='wikitable'><tr><td>1</td><td>balance sheet data</td><td>december 31 , 2014</td><td>december 31 , 2013</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 1667.2</td><td>$ 1642.1</td></tr><tr><td>3</td><td>short-term borrowings</td><td>$ 107.2</td><td>$ 179.1</td></tr><tr><td>4</td><td>current portion of long-term debt</td><td>2.1</td><td>353.6</td></tr><tr><td>5</td><td>long-term debt</td><td>1623.5</td><td>1129.8</td></tr><tr><td>6</td><td>total debt</td><td>$ 1732.8</td><td>$ 1662.5</td></tr></table> liquidity outlook we expect our cash flow from operations , cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months . we also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs . we continue to maintain a disciplined approach to managing liquidity , with flexibility over significant uses of cash , including our capital expenditures , cash used for new acquisitions , our common stock repurchase program and our common stock dividends . from time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk . our ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit rating , and those related to the financial markets , such as the amount or terms of available credit . there can be no guarantee that we would be able to access new sources of liquidity on commercially reasonable terms , or at all. .
Question: what was the total amount of long-term debt in the years of 2013 and 2014, combined?
Answer: 2753.3
Question: and what was the total amount of debt in that same period?
Answer: 3395.3
Question: how much, then, does the total amount of long-term debt represent in relation to the total debt in this period?
Answer: 0.81092
Question: and how much is that in percentage?
| 81.09151 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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consolidated income statement review our consolidated income statement is presented in item 8 of this report . net income for 2008 was $ 882 million and for 2007 was $ 1.467 billion . total revenue for 2008 increased 7% ( 7 % ) compared with 2007 . we created positive operating leverage in the year-to-date comparison as total noninterest expense increased 3% ( 3 % ) in the comparison . net interest income and net interest margin year ended december 31 dollars in millions 2008 2007 . <table class='wikitable'><tr><td>1</td><td>year ended december 31 dollars in millions</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>net interest income</td><td>$ 3823</td><td>$ 2915</td></tr><tr><td>3</td><td>net interest margin</td><td>3.37% ( 3.37 % )</td><td>3.00% ( 3.00 % )</td></tr></table> changes in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding . see statistical information 2013 analysis of year-to-year changes in net interest ( unaudited ) income and average consolidated balance sheet and net interest analysis in item 8 of this report for additional information . the 31% ( 31 % ) increase in net interest income for 2008 compared with 2007 was favorably impacted by the $ 16.5 billion , or 17% ( 17 % ) , increase in average interest-earning assets and a decrease in funding costs . the 2008 net interest margin was positively affected by declining rates paid on deposits and borrowings compared with the prior year . the reasons driving the higher interest-earning assets in these comparisons are further discussed in the balance sheet highlights portion of the executive summary section of this item 7 . the net interest margin was 3.37% ( 3.37 % ) for 2008 and 3.00% ( 3.00 % ) for 2007 . the following factors impacted the comparison : 2022 a decrease in the rate paid on interest-bearing liabilities of 140 basis points . the rate paid on interest-bearing deposits , the single largest component , decreased 123 basis points . 2022 these factors were partially offset by a 77 basis point decrease in the yield on interest-earning assets . the yield on loans , the single largest component , decreased 109 basis points . 2022 in addition , the impact of noninterest-bearing sources of funding decreased 26 basis points due to lower interest rates and a lower proportion of noninterest- bearing sources of funding to interest-earning assets . for comparing to the broader market , during 2008 the average federal funds rate was 1.94% ( 1.94 % ) compared with 5.03% ( 5.03 % ) for 2007 . we expect our full-year 2009 net interest income to benefit from the impact of interest accretion of discounts resulting from purchase accounting marks and deposit pricing alignment related to our national city acquisition . we also currently expect our 2009 net interest margin to improve on a year-over-year basis . noninterest income summary noninterest income was $ 3.367 billion for 2008 and $ 3.790 billion for 2007 . noninterest income for 2008 included the following : 2022 gains of $ 246 million related to the mark-to-market adjustment on our blackrock ltip shares obligation , 2022 losses related to our commercial mortgage loans held for sale of $ 197 million , net of hedges , 2022 impairment and other losses related to alternative investments of $ 179 million , 2022 income from hilliard lyons totaling $ 164 million , including the first quarter gain of $ 114 million from the sale of this business , 2022 net securities losses of $ 206 million , 2022 a first quarter gain of $ 95 million related to the redemption of a portion of our visa class b common shares related to visa 2019s march 2008 initial public offering , 2022 a third quarter $ 61 million reversal of a legal contingency reserve established in connection with an acquisition due to a settlement , 2022 trading losses of $ 55 million , 2022 a $ 35 million impairment charge on commercial mortgage servicing rights , and 2022 equity management losses of $ 24 million . noninterest income for 2007 included the following : 2022 the impact of $ 82 million gain recognized in connection with our transfer of blackrock shares to satisfy a portion of pnc 2019s ltip obligation and a $ 209 million net loss on our ltip shares obligation , 2022 income from hilliard lyons totaling $ 227 million , 2022 trading income of $ 104 million , 2022 equity management gains of $ 102 million , and 2022 gains related to our commercial mortgage loans held for sale of $ 3 million , net of hedges . apart from the impact of these items , noninterest income increased $ 16 million in 2008 compared with 2007 . additional analysis fund servicing fees increased $ 69 million in 2008 , to $ 904 million , compared with $ 835 million in 2007 . the impact of the december 2007 acquisition of albridge solutions inc . ( 201calbridge solutions 201d ) and growth in global investment servicing 2019s offshore operations were the primary drivers of this increase . global investment servicing provided fund accounting/ administration services for $ 839 billion of net fund investment assets and provided custody services for $ 379 billion of fund .
Question: what is the sum of net interest margin in 2007 and 2008?
| 6.37 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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consolidated income statement review our consolidated income statement is presented in item 8 of this report . net income for 2008 was $ 882 million and for 2007 was $ 1.467 billion . total revenue for 2008 increased 7% ( 7 % ) compared with 2007 . we created positive operating leverage in the year-to-date comparison as total noninterest expense increased 3% ( 3 % ) in the comparison . net interest income and net interest margin year ended december 31 dollars in millions 2008 2007 . <table class='wikitable'><tr><td>1</td><td>year ended december 31 dollars in millions</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>net interest income</td><td>$ 3823</td><td>$ 2915</td></tr><tr><td>3</td><td>net interest margin</td><td>3.37% ( 3.37 % )</td><td>3.00% ( 3.00 % )</td></tr></table> changes in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding . see statistical information 2013 analysis of year-to-year changes in net interest ( unaudited ) income and average consolidated balance sheet and net interest analysis in item 8 of this report for additional information . the 31% ( 31 % ) increase in net interest income for 2008 compared with 2007 was favorably impacted by the $ 16.5 billion , or 17% ( 17 % ) , increase in average interest-earning assets and a decrease in funding costs . the 2008 net interest margin was positively affected by declining rates paid on deposits and borrowings compared with the prior year . the reasons driving the higher interest-earning assets in these comparisons are further discussed in the balance sheet highlights portion of the executive summary section of this item 7 . the net interest margin was 3.37% ( 3.37 % ) for 2008 and 3.00% ( 3.00 % ) for 2007 . the following factors impacted the comparison : 2022 a decrease in the rate paid on interest-bearing liabilities of 140 basis points . the rate paid on interest-bearing deposits , the single largest component , decreased 123 basis points . 2022 these factors were partially offset by a 77 basis point decrease in the yield on interest-earning assets . the yield on loans , the single largest component , decreased 109 basis points . 2022 in addition , the impact of noninterest-bearing sources of funding decreased 26 basis points due to lower interest rates and a lower proportion of noninterest- bearing sources of funding to interest-earning assets . for comparing to the broader market , during 2008 the average federal funds rate was 1.94% ( 1.94 % ) compared with 5.03% ( 5.03 % ) for 2007 . we expect our full-year 2009 net interest income to benefit from the impact of interest accretion of discounts resulting from purchase accounting marks and deposit pricing alignment related to our national city acquisition . we also currently expect our 2009 net interest margin to improve on a year-over-year basis . noninterest income summary noninterest income was $ 3.367 billion for 2008 and $ 3.790 billion for 2007 . noninterest income for 2008 included the following : 2022 gains of $ 246 million related to the mark-to-market adjustment on our blackrock ltip shares obligation , 2022 losses related to our commercial mortgage loans held for sale of $ 197 million , net of hedges , 2022 impairment and other losses related to alternative investments of $ 179 million , 2022 income from hilliard lyons totaling $ 164 million , including the first quarter gain of $ 114 million from the sale of this business , 2022 net securities losses of $ 206 million , 2022 a first quarter gain of $ 95 million related to the redemption of a portion of our visa class b common shares related to visa 2019s march 2008 initial public offering , 2022 a third quarter $ 61 million reversal of a legal contingency reserve established in connection with an acquisition due to a settlement , 2022 trading losses of $ 55 million , 2022 a $ 35 million impairment charge on commercial mortgage servicing rights , and 2022 equity management losses of $ 24 million . noninterest income for 2007 included the following : 2022 the impact of $ 82 million gain recognized in connection with our transfer of blackrock shares to satisfy a portion of pnc 2019s ltip obligation and a $ 209 million net loss on our ltip shares obligation , 2022 income from hilliard lyons totaling $ 227 million , 2022 trading income of $ 104 million , 2022 equity management gains of $ 102 million , and 2022 gains related to our commercial mortgage loans held for sale of $ 3 million , net of hedges . apart from the impact of these items , noninterest income increased $ 16 million in 2008 compared with 2007 . additional analysis fund servicing fees increased $ 69 million in 2008 , to $ 904 million , compared with $ 835 million in 2007 . the impact of the december 2007 acquisition of albridge solutions inc . ( 201calbridge solutions 201d ) and growth in global investment servicing 2019s offshore operations were the primary drivers of this increase . global investment servicing provided fund accounting/ administration services for $ 839 billion of net fund investment assets and provided custody services for $ 379 billion of fund .
Question: what is the sum of net interest margin in 2007 and 2008?
Answer: 6.37
Question: what is the average value per year?
| 3.185 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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transfer agent and registrar for common stock the transfer agent and registrar for our common stock is : computershare shareowner services llc 480 washington boulevard 29th floor jersey city , new jersey 07310 telephone : ( 877 ) 363-6398 sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2015 to december 31 , 2015 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>2140511</td><td>$ 20.54</td><td>2139507</td><td>$ 227368014</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1126378</td><td>$ 22.95</td><td>1124601</td><td>$ 201557625</td></tr><tr><td>4</td><td>december 1 - 31</td><td>1881992</td><td>$ 22.97</td><td>1872650</td><td>$ 158553178</td></tr><tr><td>5</td><td>total</td><td>5148881</td><td>$ 21.96</td><td>5136758</td><td>-</td></tr></table> 1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased 1004 withheld shares in october 2015 , 1777 withheld shares in november 2015 and 9342 withheld shares in december 2015 . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our stock repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our stock repurchase program . 3 in february 2015 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2015 share repurchase program 201d ) . on february 12 , 2016 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining for repurchase under the 2015 share repurchase program . there is no expiration date associated with the share repurchase programs. .
Question: what was the proportion of total number of shares purchased in december to the total amount purchased?
| 0.36551 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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transfer agent and registrar for common stock the transfer agent and registrar for our common stock is : computershare shareowner services llc 480 washington boulevard 29th floor jersey city , new jersey 07310 telephone : ( 877 ) 363-6398 sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2015 to december 31 , 2015 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>2140511</td><td>$ 20.54</td><td>2139507</td><td>$ 227368014</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1126378</td><td>$ 22.95</td><td>1124601</td><td>$ 201557625</td></tr><tr><td>4</td><td>december 1 - 31</td><td>1881992</td><td>$ 22.97</td><td>1872650</td><td>$ 158553178</td></tr><tr><td>5</td><td>total</td><td>5148881</td><td>$ 21.96</td><td>5136758</td><td>-</td></tr></table> 1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased 1004 withheld shares in october 2015 , 1777 withheld shares in november 2015 and 9342 withheld shares in december 2015 . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our stock repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our stock repurchase program . 3 in february 2015 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2015 share repurchase program 201d ) . on february 12 , 2016 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining for repurchase under the 2015 share repurchase program . there is no expiration date associated with the share repurchase programs. .
Question: what was the proportion of total number of shares purchased in december to the total amount purchased?
Answer: 0.36551
Question: and converted to a percentage value?
| 36.55148 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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period . the discount reflects our incremental borrowing rate , which matches the lifetime of the liability . significant changes in the discount rate selected or the estimations of sublease income in the case of leases could impact the amounts recorded . other associated costs with restructuring activities we recognize other costs associated with restructuring activities as they are incurred , including moving costs and consulting and legal fees . pensions we sponsor defined benefit pension plans throughout the world . our most significant plans are located in the u.s. , the u.k. , the netherlands and canada . our significant u.s. , u.k . and canadian pension plans are closed to new entrants . we have ceased crediting future benefits relating to salary and service for our u.s. , u.k . and canadian plans . recognition of gains and losses and prior service certain changes in the value of the obligation and in the value of plan assets , which may occur due to various factors such as changes in the discount rate and actuarial assumptions , actual demographic experience and/or plan asset performance are not immediately recognized in net income . such changes are recognized in other comprehensive income and are amortized into net income as part of the net periodic benefit cost . unrecognized gains and losses that have been deferred in other comprehensive income , as previously described , are amortized into compensation and benefits expense as a component of periodic pension expense based on the average expected future service of active employees for our plans in the netherlands and canada , or the average life expectancy of the u.s . and u.k . plan members . after the effective date of the plan amendments to cease crediting future benefits relating to service , unrecognized gains and losses are also be based on the average life expectancy of members in the canadian plans . we amortize any prior service expense or credits that arise as a result of plan changes over a period consistent with the amortization of gains and losses . as of december 31 , 2013 , our pension plans have deferred losses that have not yet been recognized through income in the consolidated financial statements . we amortize unrecognized actuarial losses outside of a corridor , which is defined as 10% ( 10 % ) of the greater of market-related value of plan assets or projected benefit obligation . to the extent not offset by future gains , incremental amortization as calculated above will continue to affect future pension expense similarly until fully amortized . the following table discloses our combined experience loss , the number of years over which we are amortizing the experience loss , and the estimated 2014 amortization of loss by country ( amounts in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>u.k .</td><td>u.s .</td><td>other</td></tr><tr><td>2</td><td>combined experience loss</td><td>$ 2012</td><td>$ 1219</td><td>$ 402</td></tr><tr><td>3</td><td>amortization period ( in years )</td><td>29</td><td>26</td><td>11 - 23</td></tr><tr><td>4</td><td>estimated 2014 amortization of loss</td><td>$ 53</td><td>$ 44</td><td>$ 10</td></tr></table> the unrecognized prior service cost at december 31 , 2013 was $ 27 million in the u.k . and other plans . for the u.s . pension plans we use a market-related valuation of assets approach to determine the expected return on assets , which is a component of net periodic benefit cost recognized in the consolidated statements of income . this approach recognizes 20% ( 20 % ) of any gains or losses in the current year's value of market-related assets , with the remaining 80% ( 80 % ) spread over the next four years . as this approach recognizes gains or losses over a five-year period , the future value of assets and therefore , our net periodic benefit cost will be impacted as previously deferred gains or losses are recorded . as of december 31 , 2013 , the market-related value of assets was $ 1.8 billion . we do not use the market-related valuation approach to determine the funded status of the u.s . plans recorded in the consolidated statements of financial position . instead , we record and present the funded status in the consolidated statements of financial position based on the fair value of the plan assets . as of december 31 , 2013 , the fair value of plan assets was $ 1.9 billion . our non-u.s . plans use fair value to determine expected return on assets. .
Question: what was the total combined experience loss for both the us and the uk?
| 3231.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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period . the discount reflects our incremental borrowing rate , which matches the lifetime of the liability . significant changes in the discount rate selected or the estimations of sublease income in the case of leases could impact the amounts recorded . other associated costs with restructuring activities we recognize other costs associated with restructuring activities as they are incurred , including moving costs and consulting and legal fees . pensions we sponsor defined benefit pension plans throughout the world . our most significant plans are located in the u.s. , the u.k. , the netherlands and canada . our significant u.s. , u.k . and canadian pension plans are closed to new entrants . we have ceased crediting future benefits relating to salary and service for our u.s. , u.k . and canadian plans . recognition of gains and losses and prior service certain changes in the value of the obligation and in the value of plan assets , which may occur due to various factors such as changes in the discount rate and actuarial assumptions , actual demographic experience and/or plan asset performance are not immediately recognized in net income . such changes are recognized in other comprehensive income and are amortized into net income as part of the net periodic benefit cost . unrecognized gains and losses that have been deferred in other comprehensive income , as previously described , are amortized into compensation and benefits expense as a component of periodic pension expense based on the average expected future service of active employees for our plans in the netherlands and canada , or the average life expectancy of the u.s . and u.k . plan members . after the effective date of the plan amendments to cease crediting future benefits relating to service , unrecognized gains and losses are also be based on the average life expectancy of members in the canadian plans . we amortize any prior service expense or credits that arise as a result of plan changes over a period consistent with the amortization of gains and losses . as of december 31 , 2013 , our pension plans have deferred losses that have not yet been recognized through income in the consolidated financial statements . we amortize unrecognized actuarial losses outside of a corridor , which is defined as 10% ( 10 % ) of the greater of market-related value of plan assets or projected benefit obligation . to the extent not offset by future gains , incremental amortization as calculated above will continue to affect future pension expense similarly until fully amortized . the following table discloses our combined experience loss , the number of years over which we are amortizing the experience loss , and the estimated 2014 amortization of loss by country ( amounts in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>u.k .</td><td>u.s .</td><td>other</td></tr><tr><td>2</td><td>combined experience loss</td><td>$ 2012</td><td>$ 1219</td><td>$ 402</td></tr><tr><td>3</td><td>amortization period ( in years )</td><td>29</td><td>26</td><td>11 - 23</td></tr><tr><td>4</td><td>estimated 2014 amortization of loss</td><td>$ 53</td><td>$ 44</td><td>$ 10</td></tr></table> the unrecognized prior service cost at december 31 , 2013 was $ 27 million in the u.k . and other plans . for the u.s . pension plans we use a market-related valuation of assets approach to determine the expected return on assets , which is a component of net periodic benefit cost recognized in the consolidated statements of income . this approach recognizes 20% ( 20 % ) of any gains or losses in the current year's value of market-related assets , with the remaining 80% ( 80 % ) spread over the next four years . as this approach recognizes gains or losses over a five-year period , the future value of assets and therefore , our net periodic benefit cost will be impacted as previously deferred gains or losses are recorded . as of december 31 , 2013 , the market-related value of assets was $ 1.8 billion . we do not use the market-related valuation approach to determine the funded status of the u.s . plans recorded in the consolidated statements of financial position . instead , we record and present the funded status in the consolidated statements of financial position based on the fair value of the plan assets . as of december 31 , 2013 , the fair value of plan assets was $ 1.9 billion . our non-u.s . plans use fair value to determine expected return on assets. .
Question: what was the total combined experience loss for both the us and the uk?
Answer: 3231.0
Question: including other countries, what then becomes that total?
| 3633.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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issuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2012 . period total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) amount available for future share repurchases the program ( b ) ( in millions ) . <table class='wikitable'><tr><td>1</td><td>period</td><td>total number of shares purchased</td><td>average price paid per share</td><td>total number of shares purchased as part of publicly announced program ( a )</td><td>amount available for future share repurchases under the program ( b ) ( in millions )</td></tr><tr><td>2</td><td>october 1 2012 2013 october 28 2012</td><td>842445</td><td>$ 93.38</td><td>842445</td><td>$ 2522</td></tr><tr><td>3</td><td>october 29 2012 2013 november 25 2012</td><td>872973</td><td>90.86</td><td>872973</td><td>2443</td></tr><tr><td>4</td><td>november 26 2012 2013 december 31 2012</td><td>1395288</td><td>92.02</td><td>1395288</td><td>2315</td></tr><tr><td>5</td><td>total</td><td>3110706</td><td>$ 92.07</td><td>3110706</td><td>$ 2315</td></tr></table> ( a ) we repurchased a total of 3.1 million shares of our common stock for $ 286 million during the quarter ended december 31 , 2012 under a share repurchase program that we announced in october 2010 . ( b ) our board of directors has approved a share repurchase program for the repurchase of our common stock from time-to-time , authorizing an amount available for share repurchases of $ 6.5 billion . under the program , management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . the program does not have an expiration date . as of december 31 , 2012 , we had repurchased a total of 54.3 million shares under the program for $ 4.2 billion. .
Question: what was the number of shares repurchased in october?
| 842445.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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issuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2012 . period total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) amount available for future share repurchases the program ( b ) ( in millions ) . <table class='wikitable'><tr><td>1</td><td>period</td><td>total number of shares purchased</td><td>average price paid per share</td><td>total number of shares purchased as part of publicly announced program ( a )</td><td>amount available for future share repurchases under the program ( b ) ( in millions )</td></tr><tr><td>2</td><td>october 1 2012 2013 october 28 2012</td><td>842445</td><td>$ 93.38</td><td>842445</td><td>$ 2522</td></tr><tr><td>3</td><td>october 29 2012 2013 november 25 2012</td><td>872973</td><td>90.86</td><td>872973</td><td>2443</td></tr><tr><td>4</td><td>november 26 2012 2013 december 31 2012</td><td>1395288</td><td>92.02</td><td>1395288</td><td>2315</td></tr><tr><td>5</td><td>total</td><td>3110706</td><td>$ 92.07</td><td>3110706</td><td>$ 2315</td></tr></table> ( a ) we repurchased a total of 3.1 million shares of our common stock for $ 286 million during the quarter ended december 31 , 2012 under a share repurchase program that we announced in october 2010 . ( b ) our board of directors has approved a share repurchase program for the repurchase of our common stock from time-to-time , authorizing an amount available for share repurchases of $ 6.5 billion . under the program , management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . the program does not have an expiration date . as of december 31 , 2012 , we had repurchased a total of 54.3 million shares under the program for $ 4.2 billion. .
Question: what was the number of shares repurchased in october?
Answer: 842445.0
Question: what was the average price per share?
| 93.38 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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issuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2012 . period total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) amount available for future share repurchases the program ( b ) ( in millions ) . <table class='wikitable'><tr><td>1</td><td>period</td><td>total number of shares purchased</td><td>average price paid per share</td><td>total number of shares purchased as part of publicly announced program ( a )</td><td>amount available for future share repurchases under the program ( b ) ( in millions )</td></tr><tr><td>2</td><td>october 1 2012 2013 october 28 2012</td><td>842445</td><td>$ 93.38</td><td>842445</td><td>$ 2522</td></tr><tr><td>3</td><td>october 29 2012 2013 november 25 2012</td><td>872973</td><td>90.86</td><td>872973</td><td>2443</td></tr><tr><td>4</td><td>november 26 2012 2013 december 31 2012</td><td>1395288</td><td>92.02</td><td>1395288</td><td>2315</td></tr><tr><td>5</td><td>total</td><td>3110706</td><td>$ 92.07</td><td>3110706</td><td>$ 2315</td></tr></table> ( a ) we repurchased a total of 3.1 million shares of our common stock for $ 286 million during the quarter ended december 31 , 2012 under a share repurchase program that we announced in october 2010 . ( b ) our board of directors has approved a share repurchase program for the repurchase of our common stock from time-to-time , authorizing an amount available for share repurchases of $ 6.5 billion . under the program , management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . the program does not have an expiration date . as of december 31 , 2012 , we had repurchased a total of 54.3 million shares under the program for $ 4.2 billion. .
Question: what was the number of shares repurchased in october?
Answer: 842445.0
Question: what was the average price per share?
Answer: 93.38
Question: what is the total value of shares repurchased?
| 78667514.1 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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issuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2012 . period total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) amount available for future share repurchases the program ( b ) ( in millions ) . <table class='wikitable'><tr><td>1</td><td>period</td><td>total number of shares purchased</td><td>average price paid per share</td><td>total number of shares purchased as part of publicly announced program ( a )</td><td>amount available for future share repurchases under the program ( b ) ( in millions )</td></tr><tr><td>2</td><td>october 1 2012 2013 october 28 2012</td><td>842445</td><td>$ 93.38</td><td>842445</td><td>$ 2522</td></tr><tr><td>3</td><td>october 29 2012 2013 november 25 2012</td><td>872973</td><td>90.86</td><td>872973</td><td>2443</td></tr><tr><td>4</td><td>november 26 2012 2013 december 31 2012</td><td>1395288</td><td>92.02</td><td>1395288</td><td>2315</td></tr><tr><td>5</td><td>total</td><td>3110706</td><td>$ 92.07</td><td>3110706</td><td>$ 2315</td></tr></table> ( a ) we repurchased a total of 3.1 million shares of our common stock for $ 286 million during the quarter ended december 31 , 2012 under a share repurchase program that we announced in october 2010 . ( b ) our board of directors has approved a share repurchase program for the repurchase of our common stock from time-to-time , authorizing an amount available for share repurchases of $ 6.5 billion . under the program , management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . the program does not have an expiration date . as of december 31 , 2012 , we had repurchased a total of 54.3 million shares under the program for $ 4.2 billion. .
Question: what was the number of shares repurchased in october?
Answer: 842445.0
Question: what was the average price per share?
Answer: 93.38
Question: what is the total value of shares repurchased?
Answer: 78667514.1
Question: what is that number in millions?
| 78.66751 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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consolidated income statement review net income for 2009 was $ 2.4 billion and for 2008 was $ 914 million . amounts for 2009 include operating results of national city and the fourth quarter impact of a $ 687 million after-tax gain related to blackrock 2019s acquisition of bgi . increases in income statement comparisons to 2008 , except as noted , are primarily due to the operating results of national city . our consolidated income statement is presented in item 8 of this report . net interest income and net interest margin year ended december 31 dollars in millions 2009 2008 . <table class='wikitable'><tr><td>1</td><td>year ended december 31 dollars in millions</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net interest income</td><td>$ 9083</td><td>$ 3854</td></tr><tr><td>3</td><td>net interest margin</td><td>3.82% ( 3.82 % )</td><td>3.37% ( 3.37 % )</td></tr></table> changes in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding . see statistical information 2013 analysis of year-to-year changes in net interest ( unaudited ) income and average consolidated balance sheet and net interest analysis in item 8 of this report for additional information . higher net interest income for 2009 compared with 2008 reflected the increase in average interest-earning assets due to national city and the improvement in the net interest margin . the net interest margin was 3.82% ( 3.82 % ) for 2009 and 3.37% ( 3.37 % ) for 2008 . the following factors impacted the comparison : 2022 a decrease in the rate accrued on interest-bearing liabilities of 97 basis points . the rate accrued on interest-bearing deposits , the largest component , decreased 107 basis points . 2022 these factors were partially offset by a 45 basis point decrease in the yield on interest-earning assets . the yield on loans , which represented the largest portion of our earning assets in 2009 , decreased 30 basis points . 2022 in addition , the impact of noninterest-bearing sources of funding decreased 7 basis points . for comparing to the broader market , the average federal funds rate was .16% ( .16 % ) for 2009 compared with 1.94% ( 1.94 % ) for 2008 . we expect our net interest income for 2010 will likely be modestly lower as a result of cash recoveries on purchased impaired loans in 2009 and additional run-off of higher- yielding assets , which could be mitigated by rising interest rates . this assumes our current expectations for interest rates and economic conditions 2013 we include our current economic assumptions underlying our forward-looking statements in the cautionary statement regarding forward-looking information section of this item 7 . noninterest income summary noninterest income was $ 7.1 billion for 2009 and $ 2.4 billion for 2008 . noninterest income for 2009 included the following : 2022 the gain on blackrock/bgi transaction of $ 1.076 billion , 2022 net credit-related other-than-temporary impairments ( otti ) on debt and equity securities of $ 577 million , 2022 net gains on sales of securities of $ 550 million , 2022 gains on hedging of residential mortgage servicing rights of $ 355 million , 2022 valuation and sale income related to our commercial mortgage loans held for sale , net of hedges , of $ 107 million , 2022 gains of $ 103 million related to our blackrock ltip shares adjustment in the first quarter , and net losses on private equity and alternative investments of $ 93 million . noninterest income for 2008 included the following : 2022 net otti on debt and equity securities of $ 312 million , 2022 gains of $ 246 million related to our blackrock ltip shares adjustment , 2022 valuation and sale losses related to our commercial mortgage loans held for sale , net of hedges , of $ 197 million , 2022 impairment and other losses related to private equity and alternative investments of $ 180 million , 2022 income from hilliard lyons totaling $ 164 million , including the first quarter gain of $ 114 million from the sale of this business , 2022 net gains on sales of securities of $ 106 million , and 2022 a gain of $ 95 million related to the redemption of a portion of our visa class b common shares related to visa 2019s march 2008 initial public offering . additional analysis asset management revenue increased $ 172 million to $ 858 million in 2009 , compared with $ 686 million in 2008 . this increase reflected improving equity markets , new business generation and a shift in assets into higher yielding equity investments during the second half of 2009 . assets managed totaled $ 103 billion at both december 31 , 2009 and 2008 , including the impact of national city . the asset management group section of the business segments review section of this item 7 includes further discussion of assets under management . consumer services fees totaled $ 1.290 billion in 2009 compared with $ 623 million in 2008 . service charges on deposits totaled $ 950 million for 2009 and $ 372 million for 2008 . both increases were primarily driven by the impact of the national city acquisition . reduced consumer spending .
Question: what was the net interest margin ( in % ) in the year of 2009?
| 3.82 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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consolidated income statement review net income for 2009 was $ 2.4 billion and for 2008 was $ 914 million . amounts for 2009 include operating results of national city and the fourth quarter impact of a $ 687 million after-tax gain related to blackrock 2019s acquisition of bgi . increases in income statement comparisons to 2008 , except as noted , are primarily due to the operating results of national city . our consolidated income statement is presented in item 8 of this report . net interest income and net interest margin year ended december 31 dollars in millions 2009 2008 . <table class='wikitable'><tr><td>1</td><td>year ended december 31 dollars in millions</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net interest income</td><td>$ 9083</td><td>$ 3854</td></tr><tr><td>3</td><td>net interest margin</td><td>3.82% ( 3.82 % )</td><td>3.37% ( 3.37 % )</td></tr></table> changes in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding . see statistical information 2013 analysis of year-to-year changes in net interest ( unaudited ) income and average consolidated balance sheet and net interest analysis in item 8 of this report for additional information . higher net interest income for 2009 compared with 2008 reflected the increase in average interest-earning assets due to national city and the improvement in the net interest margin . the net interest margin was 3.82% ( 3.82 % ) for 2009 and 3.37% ( 3.37 % ) for 2008 . the following factors impacted the comparison : 2022 a decrease in the rate accrued on interest-bearing liabilities of 97 basis points . the rate accrued on interest-bearing deposits , the largest component , decreased 107 basis points . 2022 these factors were partially offset by a 45 basis point decrease in the yield on interest-earning assets . the yield on loans , which represented the largest portion of our earning assets in 2009 , decreased 30 basis points . 2022 in addition , the impact of noninterest-bearing sources of funding decreased 7 basis points . for comparing to the broader market , the average federal funds rate was .16% ( .16 % ) for 2009 compared with 1.94% ( 1.94 % ) for 2008 . we expect our net interest income for 2010 will likely be modestly lower as a result of cash recoveries on purchased impaired loans in 2009 and additional run-off of higher- yielding assets , which could be mitigated by rising interest rates . this assumes our current expectations for interest rates and economic conditions 2013 we include our current economic assumptions underlying our forward-looking statements in the cautionary statement regarding forward-looking information section of this item 7 . noninterest income summary noninterest income was $ 7.1 billion for 2009 and $ 2.4 billion for 2008 . noninterest income for 2009 included the following : 2022 the gain on blackrock/bgi transaction of $ 1.076 billion , 2022 net credit-related other-than-temporary impairments ( otti ) on debt and equity securities of $ 577 million , 2022 net gains on sales of securities of $ 550 million , 2022 gains on hedging of residential mortgage servicing rights of $ 355 million , 2022 valuation and sale income related to our commercial mortgage loans held for sale , net of hedges , of $ 107 million , 2022 gains of $ 103 million related to our blackrock ltip shares adjustment in the first quarter , and net losses on private equity and alternative investments of $ 93 million . noninterest income for 2008 included the following : 2022 net otti on debt and equity securities of $ 312 million , 2022 gains of $ 246 million related to our blackrock ltip shares adjustment , 2022 valuation and sale losses related to our commercial mortgage loans held for sale , net of hedges , of $ 197 million , 2022 impairment and other losses related to private equity and alternative investments of $ 180 million , 2022 income from hilliard lyons totaling $ 164 million , including the first quarter gain of $ 114 million from the sale of this business , 2022 net gains on sales of securities of $ 106 million , and 2022 a gain of $ 95 million related to the redemption of a portion of our visa class b common shares related to visa 2019s march 2008 initial public offering . additional analysis asset management revenue increased $ 172 million to $ 858 million in 2009 , compared with $ 686 million in 2008 . this increase reflected improving equity markets , new business generation and a shift in assets into higher yielding equity investments during the second half of 2009 . assets managed totaled $ 103 billion at both december 31 , 2009 and 2008 , including the impact of national city . the asset management group section of the business segments review section of this item 7 includes further discussion of assets under management . consumer services fees totaled $ 1.290 billion in 2009 compared with $ 623 million in 2008 . service charges on deposits totaled $ 950 million for 2009 and $ 372 million for 2008 . both increases were primarily driven by the impact of the national city acquisition . reduced consumer spending .
Question: what was the net interest margin ( in % ) in the year of 2009?
Answer: 3.82
Question: and what was it in 2008?
| 3.37 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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consolidated income statement review net income for 2009 was $ 2.4 billion and for 2008 was $ 914 million . amounts for 2009 include operating results of national city and the fourth quarter impact of a $ 687 million after-tax gain related to blackrock 2019s acquisition of bgi . increases in income statement comparisons to 2008 , except as noted , are primarily due to the operating results of national city . our consolidated income statement is presented in item 8 of this report . net interest income and net interest margin year ended december 31 dollars in millions 2009 2008 . <table class='wikitable'><tr><td>1</td><td>year ended december 31 dollars in millions</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net interest income</td><td>$ 9083</td><td>$ 3854</td></tr><tr><td>3</td><td>net interest margin</td><td>3.82% ( 3.82 % )</td><td>3.37% ( 3.37 % )</td></tr></table> changes in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding . see statistical information 2013 analysis of year-to-year changes in net interest ( unaudited ) income and average consolidated balance sheet and net interest analysis in item 8 of this report for additional information . higher net interest income for 2009 compared with 2008 reflected the increase in average interest-earning assets due to national city and the improvement in the net interest margin . the net interest margin was 3.82% ( 3.82 % ) for 2009 and 3.37% ( 3.37 % ) for 2008 . the following factors impacted the comparison : 2022 a decrease in the rate accrued on interest-bearing liabilities of 97 basis points . the rate accrued on interest-bearing deposits , the largest component , decreased 107 basis points . 2022 these factors were partially offset by a 45 basis point decrease in the yield on interest-earning assets . the yield on loans , which represented the largest portion of our earning assets in 2009 , decreased 30 basis points . 2022 in addition , the impact of noninterest-bearing sources of funding decreased 7 basis points . for comparing to the broader market , the average federal funds rate was .16% ( .16 % ) for 2009 compared with 1.94% ( 1.94 % ) for 2008 . we expect our net interest income for 2010 will likely be modestly lower as a result of cash recoveries on purchased impaired loans in 2009 and additional run-off of higher- yielding assets , which could be mitigated by rising interest rates . this assumes our current expectations for interest rates and economic conditions 2013 we include our current economic assumptions underlying our forward-looking statements in the cautionary statement regarding forward-looking information section of this item 7 . noninterest income summary noninterest income was $ 7.1 billion for 2009 and $ 2.4 billion for 2008 . noninterest income for 2009 included the following : 2022 the gain on blackrock/bgi transaction of $ 1.076 billion , 2022 net credit-related other-than-temporary impairments ( otti ) on debt and equity securities of $ 577 million , 2022 net gains on sales of securities of $ 550 million , 2022 gains on hedging of residential mortgage servicing rights of $ 355 million , 2022 valuation and sale income related to our commercial mortgage loans held for sale , net of hedges , of $ 107 million , 2022 gains of $ 103 million related to our blackrock ltip shares adjustment in the first quarter , and net losses on private equity and alternative investments of $ 93 million . noninterest income for 2008 included the following : 2022 net otti on debt and equity securities of $ 312 million , 2022 gains of $ 246 million related to our blackrock ltip shares adjustment , 2022 valuation and sale losses related to our commercial mortgage loans held for sale , net of hedges , of $ 197 million , 2022 impairment and other losses related to private equity and alternative investments of $ 180 million , 2022 income from hilliard lyons totaling $ 164 million , including the first quarter gain of $ 114 million from the sale of this business , 2022 net gains on sales of securities of $ 106 million , and 2022 a gain of $ 95 million related to the redemption of a portion of our visa class b common shares related to visa 2019s march 2008 initial public offering . additional analysis asset management revenue increased $ 172 million to $ 858 million in 2009 , compared with $ 686 million in 2008 . this increase reflected improving equity markets , new business generation and a shift in assets into higher yielding equity investments during the second half of 2009 . assets managed totaled $ 103 billion at both december 31 , 2009 and 2008 , including the impact of national city . the asset management group section of the business segments review section of this item 7 includes further discussion of assets under management . consumer services fees totaled $ 1.290 billion in 2009 compared with $ 623 million in 2008 . service charges on deposits totaled $ 950 million for 2009 and $ 372 million for 2008 . both increases were primarily driven by the impact of the national city acquisition . reduced consumer spending .
Question: what was the net interest margin ( in % ) in the year of 2009?
Answer: 3.82
Question: and what was it in 2008?
Answer: 3.37
Question: what was, then, the total net interest margin ( in % ) in both of those years?
| 7.19 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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consolidated income statement review net income for 2009 was $ 2.4 billion and for 2008 was $ 914 million . amounts for 2009 include operating results of national city and the fourth quarter impact of a $ 687 million after-tax gain related to blackrock 2019s acquisition of bgi . increases in income statement comparisons to 2008 , except as noted , are primarily due to the operating results of national city . our consolidated income statement is presented in item 8 of this report . net interest income and net interest margin year ended december 31 dollars in millions 2009 2008 . <table class='wikitable'><tr><td>1</td><td>year ended december 31 dollars in millions</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net interest income</td><td>$ 9083</td><td>$ 3854</td></tr><tr><td>3</td><td>net interest margin</td><td>3.82% ( 3.82 % )</td><td>3.37% ( 3.37 % )</td></tr></table> changes in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding . see statistical information 2013 analysis of year-to-year changes in net interest ( unaudited ) income and average consolidated balance sheet and net interest analysis in item 8 of this report for additional information . higher net interest income for 2009 compared with 2008 reflected the increase in average interest-earning assets due to national city and the improvement in the net interest margin . the net interest margin was 3.82% ( 3.82 % ) for 2009 and 3.37% ( 3.37 % ) for 2008 . the following factors impacted the comparison : 2022 a decrease in the rate accrued on interest-bearing liabilities of 97 basis points . the rate accrued on interest-bearing deposits , the largest component , decreased 107 basis points . 2022 these factors were partially offset by a 45 basis point decrease in the yield on interest-earning assets . the yield on loans , which represented the largest portion of our earning assets in 2009 , decreased 30 basis points . 2022 in addition , the impact of noninterest-bearing sources of funding decreased 7 basis points . for comparing to the broader market , the average federal funds rate was .16% ( .16 % ) for 2009 compared with 1.94% ( 1.94 % ) for 2008 . we expect our net interest income for 2010 will likely be modestly lower as a result of cash recoveries on purchased impaired loans in 2009 and additional run-off of higher- yielding assets , which could be mitigated by rising interest rates . this assumes our current expectations for interest rates and economic conditions 2013 we include our current economic assumptions underlying our forward-looking statements in the cautionary statement regarding forward-looking information section of this item 7 . noninterest income summary noninterest income was $ 7.1 billion for 2009 and $ 2.4 billion for 2008 . noninterest income for 2009 included the following : 2022 the gain on blackrock/bgi transaction of $ 1.076 billion , 2022 net credit-related other-than-temporary impairments ( otti ) on debt and equity securities of $ 577 million , 2022 net gains on sales of securities of $ 550 million , 2022 gains on hedging of residential mortgage servicing rights of $ 355 million , 2022 valuation and sale income related to our commercial mortgage loans held for sale , net of hedges , of $ 107 million , 2022 gains of $ 103 million related to our blackrock ltip shares adjustment in the first quarter , and net losses on private equity and alternative investments of $ 93 million . noninterest income for 2008 included the following : 2022 net otti on debt and equity securities of $ 312 million , 2022 gains of $ 246 million related to our blackrock ltip shares adjustment , 2022 valuation and sale losses related to our commercial mortgage loans held for sale , net of hedges , of $ 197 million , 2022 impairment and other losses related to private equity and alternative investments of $ 180 million , 2022 income from hilliard lyons totaling $ 164 million , including the first quarter gain of $ 114 million from the sale of this business , 2022 net gains on sales of securities of $ 106 million , and 2022 a gain of $ 95 million related to the redemption of a portion of our visa class b common shares related to visa 2019s march 2008 initial public offering . additional analysis asset management revenue increased $ 172 million to $ 858 million in 2009 , compared with $ 686 million in 2008 . this increase reflected improving equity markets , new business generation and a shift in assets into higher yielding equity investments during the second half of 2009 . assets managed totaled $ 103 billion at both december 31 , 2009 and 2008 , including the impact of national city . the asset management group section of the business segments review section of this item 7 includes further discussion of assets under management . consumer services fees totaled $ 1.290 billion in 2009 compared with $ 623 million in 2008 . service charges on deposits totaled $ 950 million for 2009 and $ 372 million for 2008 . both increases were primarily driven by the impact of the national city acquisition . reduced consumer spending .
Question: what was the net interest margin ( in % ) in the year of 2009?
Answer: 3.82
Question: and what was it in 2008?
Answer: 3.37
Question: what was, then, the total net interest margin ( in % ) in both of those years?
Answer: 7.19
Question: and what is the average net interest margin between those years?
| 3.595 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end . additionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited . compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period . maa presents stock compensation expense in the consolidated statements of operations in "general and administrative expenses" . effective january 1 , 2017 , the company adopted asu 2016-09 , improvements to employee share- based payment accounting , which allows employers to make a policy election to account for forfeitures as they occur . the company elected this option using the modified retrospective transition method , with a cumulative effect adjustment to retained earnings , and there was no material effect on the consolidated financial position or results of operations taken as a whole resulting from the reversal of previously estimated forfeitures . total compensation expense under the stock plan was approximately $ 10.8 million , $ 12.2 million and $ 6.9 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . of these amounts , total compensation expense capitalized was approximately $ 0.2 million , $ 0.7 million and $ 0.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , the total unrecognized compensation expense was approximately $ 14.1 million . this cost is expected to be recognized over the remaining weighted average period of 1.2 years . total cash paid for the settlement of plan shares totaled $ 4.8 million , $ 2.0 million and $ 1.0 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . information concerning grants under the stock plan is listed below . restricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years . service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant . market based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation . performance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets . maa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known . the weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2017 , 2016 and 2015 , was $ 84.53 , $ 73.20 and $ 68.35 , respectively . the following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2017 , 2016 and 2015: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>risk free rate</td><td>0.65% ( 0.65 % ) - 1.57% ( 1.57 % )</td><td>0.49% ( 0.49 % ) - 1.27% ( 1.27 % )</td><td>0.10% ( 0.10 % ) - 1.05% ( 1.05 % )</td></tr><tr><td>3</td><td>dividend yield</td><td>3.573% ( 3.573 % )</td><td>3.634% ( 3.634 % )</td><td>3.932% ( 3.932 % )</td></tr><tr><td>4</td><td>volatility</td><td>20.43% ( 20.43 % ) - 21.85% ( 21.85 % )</td><td>18.41% ( 18.41 % ) - 19.45% ( 19.45 % )</td><td>15.41% ( 15.41 % ) - 16.04% ( 16.04 % )</td></tr><tr><td>5</td><td>requisite service period</td><td>3 years</td><td>3 years</td><td>3 years</td></tr></table> the risk free rate was based on a zero coupon risk-free rate . the minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2017 , 2016 and 2015 . the maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2017 , 2016 and 2015 . the dividend yield was based on the closing stock price of maa stock on the date of grant . volatility for maa was obtained by using a blend of both historical and implied volatility calculations . historical volatility was based on the standard deviation of daily total continuous returns , and implied volatility was based on the trailing month average of daily implied volatilities interpolating between the volatilities implied by stock call option contracts that were closest to the terms shown and closest to the money . the minimum volatility was based on a period of 3 years , 2 years and 1 year for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the maximum volatility was based on a period of 1 year , 1 year and 2 years for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the requisite service period is based on the criteria for the separate programs according to the vesting schedule. .
Question: what was the total compensation expense under the stock plan in the year of 2016?
| 12.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end . additionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited . compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period . maa presents stock compensation expense in the consolidated statements of operations in "general and administrative expenses" . effective january 1 , 2017 , the company adopted asu 2016-09 , improvements to employee share- based payment accounting , which allows employers to make a policy election to account for forfeitures as they occur . the company elected this option using the modified retrospective transition method , with a cumulative effect adjustment to retained earnings , and there was no material effect on the consolidated financial position or results of operations taken as a whole resulting from the reversal of previously estimated forfeitures . total compensation expense under the stock plan was approximately $ 10.8 million , $ 12.2 million and $ 6.9 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . of these amounts , total compensation expense capitalized was approximately $ 0.2 million , $ 0.7 million and $ 0.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , the total unrecognized compensation expense was approximately $ 14.1 million . this cost is expected to be recognized over the remaining weighted average period of 1.2 years . total cash paid for the settlement of plan shares totaled $ 4.8 million , $ 2.0 million and $ 1.0 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . information concerning grants under the stock plan is listed below . restricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years . service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant . market based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation . performance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets . maa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known . the weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2017 , 2016 and 2015 , was $ 84.53 , $ 73.20 and $ 68.35 , respectively . the following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2017 , 2016 and 2015: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>risk free rate</td><td>0.65% ( 0.65 % ) - 1.57% ( 1.57 % )</td><td>0.49% ( 0.49 % ) - 1.27% ( 1.27 % )</td><td>0.10% ( 0.10 % ) - 1.05% ( 1.05 % )</td></tr><tr><td>3</td><td>dividend yield</td><td>3.573% ( 3.573 % )</td><td>3.634% ( 3.634 % )</td><td>3.932% ( 3.932 % )</td></tr><tr><td>4</td><td>volatility</td><td>20.43% ( 20.43 % ) - 21.85% ( 21.85 % )</td><td>18.41% ( 18.41 % ) - 19.45% ( 19.45 % )</td><td>15.41% ( 15.41 % ) - 16.04% ( 16.04 % )</td></tr><tr><td>5</td><td>requisite service period</td><td>3 years</td><td>3 years</td><td>3 years</td></tr></table> the risk free rate was based on a zero coupon risk-free rate . the minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2017 , 2016 and 2015 . the maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2017 , 2016 and 2015 . the dividend yield was based on the closing stock price of maa stock on the date of grant . volatility for maa was obtained by using a blend of both historical and implied volatility calculations . historical volatility was based on the standard deviation of daily total continuous returns , and implied volatility was based on the trailing month average of daily implied volatilities interpolating between the volatilities implied by stock call option contracts that were closest to the terms shown and closest to the money . the minimum volatility was based on a period of 3 years , 2 years and 1 year for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the maximum volatility was based on a period of 1 year , 1 year and 2 years for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the requisite service period is based on the criteria for the separate programs according to the vesting schedule. .
Question: what was the total compensation expense under the stock plan in the year of 2016?
Answer: 12.2
Question: ad what was it for 2015?
| 6.9 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end . additionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited . compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period . maa presents stock compensation expense in the consolidated statements of operations in "general and administrative expenses" . effective january 1 , 2017 , the company adopted asu 2016-09 , improvements to employee share- based payment accounting , which allows employers to make a policy election to account for forfeitures as they occur . the company elected this option using the modified retrospective transition method , with a cumulative effect adjustment to retained earnings , and there was no material effect on the consolidated financial position or results of operations taken as a whole resulting from the reversal of previously estimated forfeitures . total compensation expense under the stock plan was approximately $ 10.8 million , $ 12.2 million and $ 6.9 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . of these amounts , total compensation expense capitalized was approximately $ 0.2 million , $ 0.7 million and $ 0.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , the total unrecognized compensation expense was approximately $ 14.1 million . this cost is expected to be recognized over the remaining weighted average period of 1.2 years . total cash paid for the settlement of plan shares totaled $ 4.8 million , $ 2.0 million and $ 1.0 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . information concerning grants under the stock plan is listed below . restricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years . service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant . market based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation . performance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets . maa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known . the weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2017 , 2016 and 2015 , was $ 84.53 , $ 73.20 and $ 68.35 , respectively . the following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2017 , 2016 and 2015: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>risk free rate</td><td>0.65% ( 0.65 % ) - 1.57% ( 1.57 % )</td><td>0.49% ( 0.49 % ) - 1.27% ( 1.27 % )</td><td>0.10% ( 0.10 % ) - 1.05% ( 1.05 % )</td></tr><tr><td>3</td><td>dividend yield</td><td>3.573% ( 3.573 % )</td><td>3.634% ( 3.634 % )</td><td>3.932% ( 3.932 % )</td></tr><tr><td>4</td><td>volatility</td><td>20.43% ( 20.43 % ) - 21.85% ( 21.85 % )</td><td>18.41% ( 18.41 % ) - 19.45% ( 19.45 % )</td><td>15.41% ( 15.41 % ) - 16.04% ( 16.04 % )</td></tr><tr><td>5</td><td>requisite service period</td><td>3 years</td><td>3 years</td><td>3 years</td></tr></table> the risk free rate was based on a zero coupon risk-free rate . the minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2017 , 2016 and 2015 . the maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2017 , 2016 and 2015 . the dividend yield was based on the closing stock price of maa stock on the date of grant . volatility for maa was obtained by using a blend of both historical and implied volatility calculations . historical volatility was based on the standard deviation of daily total continuous returns , and implied volatility was based on the trailing month average of daily implied volatilities interpolating between the volatilities implied by stock call option contracts that were closest to the terms shown and closest to the money . the minimum volatility was based on a period of 3 years , 2 years and 1 year for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the maximum volatility was based on a period of 1 year , 1 year and 2 years for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the requisite service period is based on the criteria for the separate programs according to the vesting schedule. .
Question: what was the total compensation expense under the stock plan in the year of 2016?
Answer: 12.2
Question: ad what was it for 2015?
Answer: 6.9
Question: how much, then, did the 2016 amount represent in relation to the 2015 one?
| 1.76812 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end . additionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited . compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period . maa presents stock compensation expense in the consolidated statements of operations in "general and administrative expenses" . effective january 1 , 2017 , the company adopted asu 2016-09 , improvements to employee share- based payment accounting , which allows employers to make a policy election to account for forfeitures as they occur . the company elected this option using the modified retrospective transition method , with a cumulative effect adjustment to retained earnings , and there was no material effect on the consolidated financial position or results of operations taken as a whole resulting from the reversal of previously estimated forfeitures . total compensation expense under the stock plan was approximately $ 10.8 million , $ 12.2 million and $ 6.9 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . of these amounts , total compensation expense capitalized was approximately $ 0.2 million , $ 0.7 million and $ 0.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , the total unrecognized compensation expense was approximately $ 14.1 million . this cost is expected to be recognized over the remaining weighted average period of 1.2 years . total cash paid for the settlement of plan shares totaled $ 4.8 million , $ 2.0 million and $ 1.0 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . information concerning grants under the stock plan is listed below . restricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years . service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant . market based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation . performance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets . maa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known . the weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2017 , 2016 and 2015 , was $ 84.53 , $ 73.20 and $ 68.35 , respectively . the following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2017 , 2016 and 2015: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>risk free rate</td><td>0.65% ( 0.65 % ) - 1.57% ( 1.57 % )</td><td>0.49% ( 0.49 % ) - 1.27% ( 1.27 % )</td><td>0.10% ( 0.10 % ) - 1.05% ( 1.05 % )</td></tr><tr><td>3</td><td>dividend yield</td><td>3.573% ( 3.573 % )</td><td>3.634% ( 3.634 % )</td><td>3.932% ( 3.932 % )</td></tr><tr><td>4</td><td>volatility</td><td>20.43% ( 20.43 % ) - 21.85% ( 21.85 % )</td><td>18.41% ( 18.41 % ) - 19.45% ( 19.45 % )</td><td>15.41% ( 15.41 % ) - 16.04% ( 16.04 % )</td></tr><tr><td>5</td><td>requisite service period</td><td>3 years</td><td>3 years</td><td>3 years</td></tr></table> the risk free rate was based on a zero coupon risk-free rate . the minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2017 , 2016 and 2015 . the maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2017 , 2016 and 2015 . the dividend yield was based on the closing stock price of maa stock on the date of grant . volatility for maa was obtained by using a blend of both historical and implied volatility calculations . historical volatility was based on the standard deviation of daily total continuous returns , and implied volatility was based on the trailing month average of daily implied volatilities interpolating between the volatilities implied by stock call option contracts that were closest to the terms shown and closest to the money . the minimum volatility was based on a period of 3 years , 2 years and 1 year for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the maximum volatility was based on a period of 1 year , 1 year and 2 years for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the requisite service period is based on the criteria for the separate programs according to the vesting schedule. .
Question: what was the total compensation expense under the stock plan in the year of 2016?
Answer: 12.2
Question: ad what was it for 2015?
Answer: 6.9
Question: how much, then, did the 2016 amount represent in relation to the 2015 one?
Answer: 1.76812
Question: and what is this value without the portion equivalent to the 2015 expense?
| 0.76812 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end . additionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited . compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period . maa presents stock compensation expense in the consolidated statements of operations in "general and administrative expenses" . effective january 1 , 2017 , the company adopted asu 2016-09 , improvements to employee share- based payment accounting , which allows employers to make a policy election to account for forfeitures as they occur . the company elected this option using the modified retrospective transition method , with a cumulative effect adjustment to retained earnings , and there was no material effect on the consolidated financial position or results of operations taken as a whole resulting from the reversal of previously estimated forfeitures . total compensation expense under the stock plan was approximately $ 10.8 million , $ 12.2 million and $ 6.9 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . of these amounts , total compensation expense capitalized was approximately $ 0.2 million , $ 0.7 million and $ 0.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , the total unrecognized compensation expense was approximately $ 14.1 million . this cost is expected to be recognized over the remaining weighted average period of 1.2 years . total cash paid for the settlement of plan shares totaled $ 4.8 million , $ 2.0 million and $ 1.0 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . information concerning grants under the stock plan is listed below . restricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years . service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant . market based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation . performance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets . maa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known . the weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2017 , 2016 and 2015 , was $ 84.53 , $ 73.20 and $ 68.35 , respectively . the following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2017 , 2016 and 2015: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>risk free rate</td><td>0.65% ( 0.65 % ) - 1.57% ( 1.57 % )</td><td>0.49% ( 0.49 % ) - 1.27% ( 1.27 % )</td><td>0.10% ( 0.10 % ) - 1.05% ( 1.05 % )</td></tr><tr><td>3</td><td>dividend yield</td><td>3.573% ( 3.573 % )</td><td>3.634% ( 3.634 % )</td><td>3.932% ( 3.932 % )</td></tr><tr><td>4</td><td>volatility</td><td>20.43% ( 20.43 % ) - 21.85% ( 21.85 % )</td><td>18.41% ( 18.41 % ) - 19.45% ( 19.45 % )</td><td>15.41% ( 15.41 % ) - 16.04% ( 16.04 % )</td></tr><tr><td>5</td><td>requisite service period</td><td>3 years</td><td>3 years</td><td>3 years</td></tr></table> the risk free rate was based on a zero coupon risk-free rate . the minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2017 , 2016 and 2015 . the maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2017 , 2016 and 2015 . the dividend yield was based on the closing stock price of maa stock on the date of grant . volatility for maa was obtained by using a blend of both historical and implied volatility calculations . historical volatility was based on the standard deviation of daily total continuous returns , and implied volatility was based on the trailing month average of daily implied volatilities interpolating between the volatilities implied by stock call option contracts that were closest to the terms shown and closest to the money . the minimum volatility was based on a period of 3 years , 2 years and 1 year for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the maximum volatility was based on a period of 1 year , 1 year and 2 years for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the requisite service period is based on the criteria for the separate programs according to the vesting schedule. .
Question: what was the total compensation expense under the stock plan in the year of 2016?
Answer: 12.2
Question: ad what was it for 2015?
Answer: 6.9
Question: how much, then, did the 2016 amount represent in relation to the 2015 one?
Answer: 1.76812
Question: and what is this value without the portion equivalent to the 2015 expense?
Answer: 0.76812
Question: and in the subsequent year of this period, what was the weighted average grant date fair value per share of restricted stock?
| 84.53 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end . additionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited . compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period . maa presents stock compensation expense in the consolidated statements of operations in "general and administrative expenses" . effective january 1 , 2017 , the company adopted asu 2016-09 , improvements to employee share- based payment accounting , which allows employers to make a policy election to account for forfeitures as they occur . the company elected this option using the modified retrospective transition method , with a cumulative effect adjustment to retained earnings , and there was no material effect on the consolidated financial position or results of operations taken as a whole resulting from the reversal of previously estimated forfeitures . total compensation expense under the stock plan was approximately $ 10.8 million , $ 12.2 million and $ 6.9 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . of these amounts , total compensation expense capitalized was approximately $ 0.2 million , $ 0.7 million and $ 0.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , the total unrecognized compensation expense was approximately $ 14.1 million . this cost is expected to be recognized over the remaining weighted average period of 1.2 years . total cash paid for the settlement of plan shares totaled $ 4.8 million , $ 2.0 million and $ 1.0 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . information concerning grants under the stock plan is listed below . restricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years . service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant . market based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation . performance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets . maa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known . the weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2017 , 2016 and 2015 , was $ 84.53 , $ 73.20 and $ 68.35 , respectively . the following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2017 , 2016 and 2015: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>risk free rate</td><td>0.65% ( 0.65 % ) - 1.57% ( 1.57 % )</td><td>0.49% ( 0.49 % ) - 1.27% ( 1.27 % )</td><td>0.10% ( 0.10 % ) - 1.05% ( 1.05 % )</td></tr><tr><td>3</td><td>dividend yield</td><td>3.573% ( 3.573 % )</td><td>3.634% ( 3.634 % )</td><td>3.932% ( 3.932 % )</td></tr><tr><td>4</td><td>volatility</td><td>20.43% ( 20.43 % ) - 21.85% ( 21.85 % )</td><td>18.41% ( 18.41 % ) - 19.45% ( 19.45 % )</td><td>15.41% ( 15.41 % ) - 16.04% ( 16.04 % )</td></tr><tr><td>5</td><td>requisite service period</td><td>3 years</td><td>3 years</td><td>3 years</td></tr></table> the risk free rate was based on a zero coupon risk-free rate . the minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2017 , 2016 and 2015 . the maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2017 , 2016 and 2015 . the dividend yield was based on the closing stock price of maa stock on the date of grant . volatility for maa was obtained by using a blend of both historical and implied volatility calculations . historical volatility was based on the standard deviation of daily total continuous returns , and implied volatility was based on the trailing month average of daily implied volatilities interpolating between the volatilities implied by stock call option contracts that were closest to the terms shown and closest to the money . the minimum volatility was based on a period of 3 years , 2 years and 1 year for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the maximum volatility was based on a period of 1 year , 1 year and 2 years for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the requisite service period is based on the criteria for the separate programs according to the vesting schedule. .
Question: what was the total compensation expense under the stock plan in the year of 2016?
Answer: 12.2
Question: ad what was it for 2015?
Answer: 6.9
Question: how much, then, did the 2016 amount represent in relation to the 2015 one?
Answer: 1.76812
Question: and what is this value without the portion equivalent to the 2015 expense?
Answer: 0.76812
Question: and in the subsequent year of this period, what was the weighted average grant date fair value per share of restricted stock?
Answer: 84.53
Question: what was it in 2016?
| 73.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end . additionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited . compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period . maa presents stock compensation expense in the consolidated statements of operations in "general and administrative expenses" . effective january 1 , 2017 , the company adopted asu 2016-09 , improvements to employee share- based payment accounting , which allows employers to make a policy election to account for forfeitures as they occur . the company elected this option using the modified retrospective transition method , with a cumulative effect adjustment to retained earnings , and there was no material effect on the consolidated financial position or results of operations taken as a whole resulting from the reversal of previously estimated forfeitures . total compensation expense under the stock plan was approximately $ 10.8 million , $ 12.2 million and $ 6.9 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . of these amounts , total compensation expense capitalized was approximately $ 0.2 million , $ 0.7 million and $ 0.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , the total unrecognized compensation expense was approximately $ 14.1 million . this cost is expected to be recognized over the remaining weighted average period of 1.2 years . total cash paid for the settlement of plan shares totaled $ 4.8 million , $ 2.0 million and $ 1.0 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . information concerning grants under the stock plan is listed below . restricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years . service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant . market based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation . performance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets . maa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known . the weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2017 , 2016 and 2015 , was $ 84.53 , $ 73.20 and $ 68.35 , respectively . the following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2017 , 2016 and 2015: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>risk free rate</td><td>0.65% ( 0.65 % ) - 1.57% ( 1.57 % )</td><td>0.49% ( 0.49 % ) - 1.27% ( 1.27 % )</td><td>0.10% ( 0.10 % ) - 1.05% ( 1.05 % )</td></tr><tr><td>3</td><td>dividend yield</td><td>3.573% ( 3.573 % )</td><td>3.634% ( 3.634 % )</td><td>3.932% ( 3.932 % )</td></tr><tr><td>4</td><td>volatility</td><td>20.43% ( 20.43 % ) - 21.85% ( 21.85 % )</td><td>18.41% ( 18.41 % ) - 19.45% ( 19.45 % )</td><td>15.41% ( 15.41 % ) - 16.04% ( 16.04 % )</td></tr><tr><td>5</td><td>requisite service period</td><td>3 years</td><td>3 years</td><td>3 years</td></tr></table> the risk free rate was based on a zero coupon risk-free rate . the minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2017 , 2016 and 2015 . the maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2017 , 2016 and 2015 . the dividend yield was based on the closing stock price of maa stock on the date of grant . volatility for maa was obtained by using a blend of both historical and implied volatility calculations . historical volatility was based on the standard deviation of daily total continuous returns , and implied volatility was based on the trailing month average of daily implied volatilities interpolating between the volatilities implied by stock call option contracts that were closest to the terms shown and closest to the money . the minimum volatility was based on a period of 3 years , 2 years and 1 year for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the maximum volatility was based on a period of 1 year , 1 year and 2 years for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the requisite service period is based on the criteria for the separate programs according to the vesting schedule. .
Question: what was the total compensation expense under the stock plan in the year of 2016?
Answer: 12.2
Question: ad what was it for 2015?
Answer: 6.9
Question: how much, then, did the 2016 amount represent in relation to the 2015 one?
Answer: 1.76812
Question: and what is this value without the portion equivalent to the 2015 expense?
Answer: 0.76812
Question: and in the subsequent year of this period, what was the weighted average grant date fair value per share of restricted stock?
Answer: 84.53
Question: what was it in 2016?
Answer: 73.2
Question: by how much, then, did it increase over the year?
| 11.33 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end . additionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited . compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period . maa presents stock compensation expense in the consolidated statements of operations in "general and administrative expenses" . effective january 1 , 2017 , the company adopted asu 2016-09 , improvements to employee share- based payment accounting , which allows employers to make a policy election to account for forfeitures as they occur . the company elected this option using the modified retrospective transition method , with a cumulative effect adjustment to retained earnings , and there was no material effect on the consolidated financial position or results of operations taken as a whole resulting from the reversal of previously estimated forfeitures . total compensation expense under the stock plan was approximately $ 10.8 million , $ 12.2 million and $ 6.9 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . of these amounts , total compensation expense capitalized was approximately $ 0.2 million , $ 0.7 million and $ 0.7 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , the total unrecognized compensation expense was approximately $ 14.1 million . this cost is expected to be recognized over the remaining weighted average period of 1.2 years . total cash paid for the settlement of plan shares totaled $ 4.8 million , $ 2.0 million and $ 1.0 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . information concerning grants under the stock plan is listed below . restricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years . service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant . market based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation . performance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets . maa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known . the weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2017 , 2016 and 2015 , was $ 84.53 , $ 73.20 and $ 68.35 , respectively . the following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2017 , 2016 and 2015: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>risk free rate</td><td>0.65% ( 0.65 % ) - 1.57% ( 1.57 % )</td><td>0.49% ( 0.49 % ) - 1.27% ( 1.27 % )</td><td>0.10% ( 0.10 % ) - 1.05% ( 1.05 % )</td></tr><tr><td>3</td><td>dividend yield</td><td>3.573% ( 3.573 % )</td><td>3.634% ( 3.634 % )</td><td>3.932% ( 3.932 % )</td></tr><tr><td>4</td><td>volatility</td><td>20.43% ( 20.43 % ) - 21.85% ( 21.85 % )</td><td>18.41% ( 18.41 % ) - 19.45% ( 19.45 % )</td><td>15.41% ( 15.41 % ) - 16.04% ( 16.04 % )</td></tr><tr><td>5</td><td>requisite service period</td><td>3 years</td><td>3 years</td><td>3 years</td></tr></table> the risk free rate was based on a zero coupon risk-free rate . the minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2017 , 2016 and 2015 . the maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2017 , 2016 and 2015 . the dividend yield was based on the closing stock price of maa stock on the date of grant . volatility for maa was obtained by using a blend of both historical and implied volatility calculations . historical volatility was based on the standard deviation of daily total continuous returns , and implied volatility was based on the trailing month average of daily implied volatilities interpolating between the volatilities implied by stock call option contracts that were closest to the terms shown and closest to the money . the minimum volatility was based on a period of 3 years , 2 years and 1 year for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the maximum volatility was based on a period of 1 year , 1 year and 2 years for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the requisite service period is based on the criteria for the separate programs according to the vesting schedule. .
Question: what was the total compensation expense under the stock plan in the year of 2016?
Answer: 12.2
Question: ad what was it for 2015?
Answer: 6.9
Question: how much, then, did the 2016 amount represent in relation to the 2015 one?
Answer: 1.76812
Question: and what is this value without the portion equivalent to the 2015 expense?
Answer: 0.76812
Question: and in the subsequent year of this period, what was the weighted average grant date fair value per share of restricted stock?
Answer: 84.53
Question: what was it in 2016?
Answer: 73.2
Question: by how much, then, did it increase over the year?
Answer: 11.33
Question: and what is this increase as a percentage of the 2016 fair value?
| 0.15478 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2016 to december 31 , 2016 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>2099169</td><td>$ 22.28</td><td>2099169</td><td>$ 218620420</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1454402</td><td>$ 22.79</td><td>1453049</td><td>$ 185500851</td></tr><tr><td>4</td><td>december 1 - 31</td><td>1269449</td><td>$ 23.93</td><td>1258700</td><td>$ 155371301</td></tr><tr><td>5</td><td>total</td><td>4823020</td><td>$ 22.87</td><td>4810918</td><td>-</td></tr></table> 1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased no withheld shares in october 2016 , 1353 withheld shares in november 2016 and 10749 withheld shares in december 2016 , for a total of 12102 withheld shares during the three-month period . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our share repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our share repurchase program . 3 in february 2016 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2016 share repurchase program 201d ) . on february 10 , 2017 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining for repurchase under the 2016 share repurchase program . there is no expiration date associated with the share repurchase programs. .
Question: what were the total number of shares purchased?
| 4823020.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2016 to december 31 , 2016 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>2099169</td><td>$ 22.28</td><td>2099169</td><td>$ 218620420</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1454402</td><td>$ 22.79</td><td>1453049</td><td>$ 185500851</td></tr><tr><td>4</td><td>december 1 - 31</td><td>1269449</td><td>$ 23.93</td><td>1258700</td><td>$ 155371301</td></tr><tr><td>5</td><td>total</td><td>4823020</td><td>$ 22.87</td><td>4810918</td><td>-</td></tr></table> 1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased no withheld shares in october 2016 , 1353 withheld shares in november 2016 and 10749 withheld shares in december 2016 , for a total of 12102 withheld shares during the three-month period . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our share repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our share repurchase program . 3 in february 2016 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2016 share repurchase program 201d ) . on february 10 , 2017 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining for repurchase under the 2016 share repurchase program . there is no expiration date associated with the share repurchase programs. .
Question: what were the total number of shares purchased?
Answer: 4823020.0
Question: what was the average price paid per share?
| 22.87 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2016 to december 31 , 2016 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>2099169</td><td>$ 22.28</td><td>2099169</td><td>$ 218620420</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1454402</td><td>$ 22.79</td><td>1453049</td><td>$ 185500851</td></tr><tr><td>4</td><td>december 1 - 31</td><td>1269449</td><td>$ 23.93</td><td>1258700</td><td>$ 155371301</td></tr><tr><td>5</td><td>total</td><td>4823020</td><td>$ 22.87</td><td>4810918</td><td>-</td></tr></table> 1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased no withheld shares in october 2016 , 1353 withheld shares in november 2016 and 10749 withheld shares in december 2016 , for a total of 12102 withheld shares during the three-month period . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our share repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our share repurchase program . 3 in february 2016 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2016 share repurchase program 201d ) . on february 10 , 2017 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining for repurchase under the 2016 share repurchase program . there is no expiration date associated with the share repurchase programs. .
Question: what were the total number of shares purchased?
Answer: 4823020.0
Question: what was the average price paid per share?
Answer: 22.87
Question: what is the product of shares by price per share?
| 110302467.4 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2016 to december 31 , 2016 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>2099169</td><td>$ 22.28</td><td>2099169</td><td>$ 218620420</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1454402</td><td>$ 22.79</td><td>1453049</td><td>$ 185500851</td></tr><tr><td>4</td><td>december 1 - 31</td><td>1269449</td><td>$ 23.93</td><td>1258700</td><td>$ 155371301</td></tr><tr><td>5</td><td>total</td><td>4823020</td><td>$ 22.87</td><td>4810918</td><td>-</td></tr></table> 1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased no withheld shares in october 2016 , 1353 withheld shares in november 2016 and 10749 withheld shares in december 2016 , for a total of 12102 withheld shares during the three-month period . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our share repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our share repurchase program . 3 in february 2016 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2016 share repurchase program 201d ) . on february 10 , 2017 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining for repurchase under the 2016 share repurchase program . there is no expiration date associated with the share repurchase programs. .
Question: what were the total number of shares purchased?
Answer: 4823020.0
Question: what was the average price paid per share?
Answer: 22.87
Question: what is the product of shares by price per share?
Answer: 110302467.4
Question: what is that value simplified?
| 110.30247 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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continued investments in ecommerce and technology . the increase in operating expenses as a percentage of net sales for fiscal 2017 was partially offset by the impact of store closures in the fourth quarter of fiscal 2016 . membership and other income was relatively flat for fiscal 2018 and increased $ 1.0 billion a0for fiscal 2017 , when compared to the same period in the previous fiscal year . while fiscal 2018 included a $ 387 million gain from the sale of suburbia , a $ 47 million gain from a land sale , higher recycling income from our sustainability efforts and higher membership income from increased plus member penetration at sam's club , these gains were less than gains recognized in fiscal 2017 . fiscal 2017 included a $ 535 million gain from the sale of our yihaodian business and a $ 194 million gain from the sale of shopping malls in chile . for fiscal 2018 , loss on extinguishment of debt was a0$ 3.1 billion , due to the early extinguishment of long-term debt which allowed us to retire higher rate debt to reduce interest expense in future periods . our effective income tax rate was 30.4% ( 30.4 % ) for fiscal 2018 and 30.3% ( 30.3 % ) for both fiscal 2017 and 2016 . although relatively consistent year-over-year , our effective income tax rate may fluctuate from period to period as a result of factors including changes in our assessment of certain tax contingencies , valuation allowances , changes in tax laws , outcomes of administrative audits , the impact of discrete items and the mix of earnings among our u.s . operations and international operations . the reconciliation from the u.s . statutory rate to the effective income tax rates for fiscal 2018 , 2017 and 2016 is presented in note 9 in the "notes to consolidated financial statements" and describes the impact of the enactment of the tax cuts and jobs act of 2017 ( the "tax act" ) to the fiscal 2018 effective income tax rate . as a result of the factors discussed above , we reported $ 10.5 billion and $ 14.3 billion of consolidated net income for fiscal 2018 and 2017 , respectively , which represents a decrease of $ 3.8 billion and $ 0.8 billion for fiscal 2018 and 2017 , respectively , when compared to the previous fiscal year . diluted net income per common share attributable to walmart ( "eps" ) was $ 3.28 and $ 4.38 for fiscal 2018 and 2017 , respectively . walmart u.s . segment . <table class='wikitable'><tr><td>1</td><td>( amounts in millions except unit counts )</td><td>fiscal years ended january 31 , 2018</td><td>fiscal years ended january 31 , 2017</td><td>fiscal years ended january 31 , 2016</td></tr><tr><td>2</td><td>net sales</td><td>$ 318477</td><td>$ 307833</td><td>$ 298378</td></tr><tr><td>3</td><td>percentage change from comparable period</td><td>3.5% ( 3.5 % )</td><td>3.2% ( 3.2 % )</td><td>3.6% ( 3.6 % )</td></tr><tr><td>4</td><td>calendar comparable sales increase</td><td>2.1% ( 2.1 % )</td><td>1.6% ( 1.6 % )</td><td>1.0% ( 1.0 % )</td></tr><tr><td>5</td><td>operating income</td><td>$ 17869</td><td>$ 17745</td><td>$ 19087</td></tr><tr><td>6</td><td>operating income as a percentage of net sales</td><td>5.6% ( 5.6 % )</td><td>5.8% ( 5.8 % )</td><td>6.4% ( 6.4 % )</td></tr><tr><td>7</td><td>unit counts at period end</td><td>4761</td><td>4672</td><td>4574</td></tr><tr><td>8</td><td>retail square feet at period end</td><td>705</td><td>699</td><td>690</td></tr></table> net sales for the walmart u.s . segment increased $ 10.6 billion or 3.5% ( 3.5 % ) and $ 9.5 billion or 3.2% ( 3.2 % ) for fiscal 2018 and 2017 , respectively , when compared to the previous fiscal year . the increases in net sales were primarily due to increases in comparable store sales of 2.1% ( 2.1 % ) and 1.6% ( 1.6 % ) for fiscal 2018 and 2017 , respectively , and year-over-year growth in retail square feet of 0.7% ( 0.7 % ) and 1.4% ( 1.4 % ) for fiscal 2018 and 2017 , respectively . additionally , for fiscal 2018 , sales generated from ecommerce acquisitions further contributed to the year-over-year increase . gross profit rate decreased 24 basis points for fiscal 2018 and increased 24 basis points for fiscal 2017 , when compared to the previous fiscal year . for fiscal 2018 , the decrease was primarily due to strategic price investments and the mix impact from ecommerce . partially offsetting the negative factors for fiscal 2018 was the positive impact of savings from procuring merchandise . for fiscal 2017 , the increase in gross profit rate was primarily due to improved margin in food and consumables , including the impact of savings in procuring merchandise and lower transportation expense from lower fuel costs . operating expenses as a percentage of segment net sales was relatively flat for fiscal 2018 and increased 101 basis points for fiscal 2017 , when compared to the previous fiscal year . fiscal 2018 and fiscal 2017 included charges related to discontinued real estate projects of $ 244 million and $ 249 million , respectively . for fiscal 2017 , the increase was primarily driven by an increase in wage expense due to the investment in the associate wage structure ; the charge related to discontinued real estate projects ; and investments in digital retail and technology . the increase in operating expenses as a percentage of segment net sales for fiscal 2017 was partially offset by the impact of store closures in fiscal 2016 . as a result of the factors discussed above , segment operating income increased $ 124 million for fiscal 2018 and decreased $ 1.3 billion for fiscal 2017 , respectively. .
Question: what was the net income in 2018, in millions?
| 10500.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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continued investments in ecommerce and technology . the increase in operating expenses as a percentage of net sales for fiscal 2017 was partially offset by the impact of store closures in the fourth quarter of fiscal 2016 . membership and other income was relatively flat for fiscal 2018 and increased $ 1.0 billion a0for fiscal 2017 , when compared to the same period in the previous fiscal year . while fiscal 2018 included a $ 387 million gain from the sale of suburbia , a $ 47 million gain from a land sale , higher recycling income from our sustainability efforts and higher membership income from increased plus member penetration at sam's club , these gains were less than gains recognized in fiscal 2017 . fiscal 2017 included a $ 535 million gain from the sale of our yihaodian business and a $ 194 million gain from the sale of shopping malls in chile . for fiscal 2018 , loss on extinguishment of debt was a0$ 3.1 billion , due to the early extinguishment of long-term debt which allowed us to retire higher rate debt to reduce interest expense in future periods . our effective income tax rate was 30.4% ( 30.4 % ) for fiscal 2018 and 30.3% ( 30.3 % ) for both fiscal 2017 and 2016 . although relatively consistent year-over-year , our effective income tax rate may fluctuate from period to period as a result of factors including changes in our assessment of certain tax contingencies , valuation allowances , changes in tax laws , outcomes of administrative audits , the impact of discrete items and the mix of earnings among our u.s . operations and international operations . the reconciliation from the u.s . statutory rate to the effective income tax rates for fiscal 2018 , 2017 and 2016 is presented in note 9 in the "notes to consolidated financial statements" and describes the impact of the enactment of the tax cuts and jobs act of 2017 ( the "tax act" ) to the fiscal 2018 effective income tax rate . as a result of the factors discussed above , we reported $ 10.5 billion and $ 14.3 billion of consolidated net income for fiscal 2018 and 2017 , respectively , which represents a decrease of $ 3.8 billion and $ 0.8 billion for fiscal 2018 and 2017 , respectively , when compared to the previous fiscal year . diluted net income per common share attributable to walmart ( "eps" ) was $ 3.28 and $ 4.38 for fiscal 2018 and 2017 , respectively . walmart u.s . segment . <table class='wikitable'><tr><td>1</td><td>( amounts in millions except unit counts )</td><td>fiscal years ended january 31 , 2018</td><td>fiscal years ended january 31 , 2017</td><td>fiscal years ended january 31 , 2016</td></tr><tr><td>2</td><td>net sales</td><td>$ 318477</td><td>$ 307833</td><td>$ 298378</td></tr><tr><td>3</td><td>percentage change from comparable period</td><td>3.5% ( 3.5 % )</td><td>3.2% ( 3.2 % )</td><td>3.6% ( 3.6 % )</td></tr><tr><td>4</td><td>calendar comparable sales increase</td><td>2.1% ( 2.1 % )</td><td>1.6% ( 1.6 % )</td><td>1.0% ( 1.0 % )</td></tr><tr><td>5</td><td>operating income</td><td>$ 17869</td><td>$ 17745</td><td>$ 19087</td></tr><tr><td>6</td><td>operating income as a percentage of net sales</td><td>5.6% ( 5.6 % )</td><td>5.8% ( 5.8 % )</td><td>6.4% ( 6.4 % )</td></tr><tr><td>7</td><td>unit counts at period end</td><td>4761</td><td>4672</td><td>4574</td></tr><tr><td>8</td><td>retail square feet at period end</td><td>705</td><td>699</td><td>690</td></tr></table> net sales for the walmart u.s . segment increased $ 10.6 billion or 3.5% ( 3.5 % ) and $ 9.5 billion or 3.2% ( 3.2 % ) for fiscal 2018 and 2017 , respectively , when compared to the previous fiscal year . the increases in net sales were primarily due to increases in comparable store sales of 2.1% ( 2.1 % ) and 1.6% ( 1.6 % ) for fiscal 2018 and 2017 , respectively , and year-over-year growth in retail square feet of 0.7% ( 0.7 % ) and 1.4% ( 1.4 % ) for fiscal 2018 and 2017 , respectively . additionally , for fiscal 2018 , sales generated from ecommerce acquisitions further contributed to the year-over-year increase . gross profit rate decreased 24 basis points for fiscal 2018 and increased 24 basis points for fiscal 2017 , when compared to the previous fiscal year . for fiscal 2018 , the decrease was primarily due to strategic price investments and the mix impact from ecommerce . partially offsetting the negative factors for fiscal 2018 was the positive impact of savings from procuring merchandise . for fiscal 2017 , the increase in gross profit rate was primarily due to improved margin in food and consumables , including the impact of savings in procuring merchandise and lower transportation expense from lower fuel costs . operating expenses as a percentage of segment net sales was relatively flat for fiscal 2018 and increased 101 basis points for fiscal 2017 , when compared to the previous fiscal year . fiscal 2018 and fiscal 2017 included charges related to discontinued real estate projects of $ 244 million and $ 249 million , respectively . for fiscal 2017 , the increase was primarily driven by an increase in wage expense due to the investment in the associate wage structure ; the charge related to discontinued real estate projects ; and investments in digital retail and technology . the increase in operating expenses as a percentage of segment net sales for fiscal 2017 was partially offset by the impact of store closures in fiscal 2016 . as a result of the factors discussed above , segment operating income increased $ 124 million for fiscal 2018 and decreased $ 1.3 billion for fiscal 2017 , respectively. .
Question: what was the net income in 2018, in millions?
Answer: 10500.0
Question: and what was the total of net sales in that same year?
| 318477.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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continued investments in ecommerce and technology . the increase in operating expenses as a percentage of net sales for fiscal 2017 was partially offset by the impact of store closures in the fourth quarter of fiscal 2016 . membership and other income was relatively flat for fiscal 2018 and increased $ 1.0 billion a0for fiscal 2017 , when compared to the same period in the previous fiscal year . while fiscal 2018 included a $ 387 million gain from the sale of suburbia , a $ 47 million gain from a land sale , higher recycling income from our sustainability efforts and higher membership income from increased plus member penetration at sam's club , these gains were less than gains recognized in fiscal 2017 . fiscal 2017 included a $ 535 million gain from the sale of our yihaodian business and a $ 194 million gain from the sale of shopping malls in chile . for fiscal 2018 , loss on extinguishment of debt was a0$ 3.1 billion , due to the early extinguishment of long-term debt which allowed us to retire higher rate debt to reduce interest expense in future periods . our effective income tax rate was 30.4% ( 30.4 % ) for fiscal 2018 and 30.3% ( 30.3 % ) for both fiscal 2017 and 2016 . although relatively consistent year-over-year , our effective income tax rate may fluctuate from period to period as a result of factors including changes in our assessment of certain tax contingencies , valuation allowances , changes in tax laws , outcomes of administrative audits , the impact of discrete items and the mix of earnings among our u.s . operations and international operations . the reconciliation from the u.s . statutory rate to the effective income tax rates for fiscal 2018 , 2017 and 2016 is presented in note 9 in the "notes to consolidated financial statements" and describes the impact of the enactment of the tax cuts and jobs act of 2017 ( the "tax act" ) to the fiscal 2018 effective income tax rate . as a result of the factors discussed above , we reported $ 10.5 billion and $ 14.3 billion of consolidated net income for fiscal 2018 and 2017 , respectively , which represents a decrease of $ 3.8 billion and $ 0.8 billion for fiscal 2018 and 2017 , respectively , when compared to the previous fiscal year . diluted net income per common share attributable to walmart ( "eps" ) was $ 3.28 and $ 4.38 for fiscal 2018 and 2017 , respectively . walmart u.s . segment . <table class='wikitable'><tr><td>1</td><td>( amounts in millions except unit counts )</td><td>fiscal years ended january 31 , 2018</td><td>fiscal years ended january 31 , 2017</td><td>fiscal years ended january 31 , 2016</td></tr><tr><td>2</td><td>net sales</td><td>$ 318477</td><td>$ 307833</td><td>$ 298378</td></tr><tr><td>3</td><td>percentage change from comparable period</td><td>3.5% ( 3.5 % )</td><td>3.2% ( 3.2 % )</td><td>3.6% ( 3.6 % )</td></tr><tr><td>4</td><td>calendar comparable sales increase</td><td>2.1% ( 2.1 % )</td><td>1.6% ( 1.6 % )</td><td>1.0% ( 1.0 % )</td></tr><tr><td>5</td><td>operating income</td><td>$ 17869</td><td>$ 17745</td><td>$ 19087</td></tr><tr><td>6</td><td>operating income as a percentage of net sales</td><td>5.6% ( 5.6 % )</td><td>5.8% ( 5.8 % )</td><td>6.4% ( 6.4 % )</td></tr><tr><td>7</td><td>unit counts at period end</td><td>4761</td><td>4672</td><td>4574</td></tr><tr><td>8</td><td>retail square feet at period end</td><td>705</td><td>699</td><td>690</td></tr></table> net sales for the walmart u.s . segment increased $ 10.6 billion or 3.5% ( 3.5 % ) and $ 9.5 billion or 3.2% ( 3.2 % ) for fiscal 2018 and 2017 , respectively , when compared to the previous fiscal year . the increases in net sales were primarily due to increases in comparable store sales of 2.1% ( 2.1 % ) and 1.6% ( 1.6 % ) for fiscal 2018 and 2017 , respectively , and year-over-year growth in retail square feet of 0.7% ( 0.7 % ) and 1.4% ( 1.4 % ) for fiscal 2018 and 2017 , respectively . additionally , for fiscal 2018 , sales generated from ecommerce acquisitions further contributed to the year-over-year increase . gross profit rate decreased 24 basis points for fiscal 2018 and increased 24 basis points for fiscal 2017 , when compared to the previous fiscal year . for fiscal 2018 , the decrease was primarily due to strategic price investments and the mix impact from ecommerce . partially offsetting the negative factors for fiscal 2018 was the positive impact of savings from procuring merchandise . for fiscal 2017 , the increase in gross profit rate was primarily due to improved margin in food and consumables , including the impact of savings in procuring merchandise and lower transportation expense from lower fuel costs . operating expenses as a percentage of segment net sales was relatively flat for fiscal 2018 and increased 101 basis points for fiscal 2017 , when compared to the previous fiscal year . fiscal 2018 and fiscal 2017 included charges related to discontinued real estate projects of $ 244 million and $ 249 million , respectively . for fiscal 2017 , the increase was primarily driven by an increase in wage expense due to the investment in the associate wage structure ; the charge related to discontinued real estate projects ; and investments in digital retail and technology . the increase in operating expenses as a percentage of segment net sales for fiscal 2017 was partially offset by the impact of store closures in fiscal 2016 . as a result of the factors discussed above , segment operating income increased $ 124 million for fiscal 2018 and decreased $ 1.3 billion for fiscal 2017 , respectively. .
Question: what was the net income in 2018, in millions?
Answer: 10500.0
Question: and what was the total of net sales in that same year?
Answer: 318477.0
Question: how much, then, does the net income represent in relation to this net sales total?
| 0.03297 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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future impairments would be recorded in income from continuing operations . the statement provides specific guidance for testing goodwill for impairment . the company had $ 3.2 billion of goodwill at december 31 , 2001 . goodwill amortization was $ 62 million for the year ended december 31 , 2001 . the company is currently assessing the impact of sfas no . 142 on its financial position and results of operations . in june 2001 , the fasb issued sfas no . 143 , 2018 2018accounting for asset retirement obligations , 2019 2019 which addresses financial accounting and reporting for obligations associated with the retirement of tangible long-lived assets and the associated asset retirement costs . this statement is effective for financial statements issued for fiscal years beginning after june 15 , 2002 . the statement requires recognition of legal obligations associated with the retirement of a long-lived asset , except for certain obligations of lessees . the company is currently assessing the impact of sfas no . 143 on its financial position and results of operations . in december 2001 , the fasb revised its earlier conclusion , derivatives implementation group ( 2018 2018dig 2019 2019 ) issue c-15 , related to contracts involving the purchase or sale of electricity . contracts for the purchase or sale of electricity , both forward and option contracts , including capacity contracts , may qualify for the normal purchases and sales exemption and are not required to be accounted for as derivatives under sfas no . 133 . in order for contracts to qualify for this exemption , they must meet certain criteria , which include the requirement for physical delivery of the electricity to be purchased or sold under the contract only in the normal course of business . additionally , contracts that have a price based on an underlying that is not clearly and closely related to the electricity being sold or purchased or that are denominated in a currency that is foreign to the buyer or seller are not considered normal purchases and normal sales and are required to be accounted for as derivatives under sfas no . 133 . this revised conclusion is effective beginning april 1 , 2002 . the company is currently assessing the impact of revised dig issue c-15 on its financial condition and results of operations . 2001 compared to 2000 revenues revenues increased $ 1.8 billion , or 24% ( 24 % ) to $ 9.3 billion in 2001 from $ 7.5 billion in 2000 . the increase in revenues is due to the acquisition of new businesses , new operations from greenfield projects and positive improvements from existing operations . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , revenues increased 5% ( 5 % ) to $ 7.1 billion in 2001 . the following table shows the revenue of each segment: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2001</td><td>2000</td><td>% ( % ) change</td></tr><tr><td>2</td><td>contract generation</td><td>$ 2.5 billion</td><td>$ 1.7 billion</td><td>47% ( 47 % )</td></tr><tr><td>3</td><td>competitive supply</td><td>$ 2.7 billion</td><td>$ 2.4 billion</td><td>13% ( 13 % )</td></tr><tr><td>4</td><td>large utilities</td><td>$ 2.4 billion</td><td>$ 2.1 billion</td><td>14% ( 14 % )</td></tr><tr><td>5</td><td>growth distribution</td><td>$ 1.7 billion</td><td>$ 1.3 billion</td><td>31% ( 31 % )</td></tr></table> contract generation revenues increased $ 800 million , or 47% ( 47 % ) to $ 2.5 billion in 2001 from $ 1.7 billion in 2000 , principally resulting from the addition of revenues attributable to businesses acquired during 2001 or 2000 . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , contract generation revenues increased 2% ( 2 % ) to $ 1.7 billion in 2001 . the increase in contract generation segment revenues was due primarily to increases in south america , europe/africa and asia . in south america , contract generation segment revenues increased $ 472 million due mainly to the acquisition of gener and the full year of operations at uruguaiana offset by reduced revenues at tiete from the electricity rationing in brazil . in europe/africa , contract generation segment revenues increased $ 88 million , and the acquisition of a controlling interest in kilroot during 2000 was the largest contributor to the increase . in asia , contract generation segment revenues increased $ 96 million , and increased operations from our ecogen peaking plant was the most significant contributor to the .
Question: what was the value of contract generation in 2001?
| 2.5 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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future impairments would be recorded in income from continuing operations . the statement provides specific guidance for testing goodwill for impairment . the company had $ 3.2 billion of goodwill at december 31 , 2001 . goodwill amortization was $ 62 million for the year ended december 31 , 2001 . the company is currently assessing the impact of sfas no . 142 on its financial position and results of operations . in june 2001 , the fasb issued sfas no . 143 , 2018 2018accounting for asset retirement obligations , 2019 2019 which addresses financial accounting and reporting for obligations associated with the retirement of tangible long-lived assets and the associated asset retirement costs . this statement is effective for financial statements issued for fiscal years beginning after june 15 , 2002 . the statement requires recognition of legal obligations associated with the retirement of a long-lived asset , except for certain obligations of lessees . the company is currently assessing the impact of sfas no . 143 on its financial position and results of operations . in december 2001 , the fasb revised its earlier conclusion , derivatives implementation group ( 2018 2018dig 2019 2019 ) issue c-15 , related to contracts involving the purchase or sale of electricity . contracts for the purchase or sale of electricity , both forward and option contracts , including capacity contracts , may qualify for the normal purchases and sales exemption and are not required to be accounted for as derivatives under sfas no . 133 . in order for contracts to qualify for this exemption , they must meet certain criteria , which include the requirement for physical delivery of the electricity to be purchased or sold under the contract only in the normal course of business . additionally , contracts that have a price based on an underlying that is not clearly and closely related to the electricity being sold or purchased or that are denominated in a currency that is foreign to the buyer or seller are not considered normal purchases and normal sales and are required to be accounted for as derivatives under sfas no . 133 . this revised conclusion is effective beginning april 1 , 2002 . the company is currently assessing the impact of revised dig issue c-15 on its financial condition and results of operations . 2001 compared to 2000 revenues revenues increased $ 1.8 billion , or 24% ( 24 % ) to $ 9.3 billion in 2001 from $ 7.5 billion in 2000 . the increase in revenues is due to the acquisition of new businesses , new operations from greenfield projects and positive improvements from existing operations . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , revenues increased 5% ( 5 % ) to $ 7.1 billion in 2001 . the following table shows the revenue of each segment: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2001</td><td>2000</td><td>% ( % ) change</td></tr><tr><td>2</td><td>contract generation</td><td>$ 2.5 billion</td><td>$ 1.7 billion</td><td>47% ( 47 % )</td></tr><tr><td>3</td><td>competitive supply</td><td>$ 2.7 billion</td><td>$ 2.4 billion</td><td>13% ( 13 % )</td></tr><tr><td>4</td><td>large utilities</td><td>$ 2.4 billion</td><td>$ 2.1 billion</td><td>14% ( 14 % )</td></tr><tr><td>5</td><td>growth distribution</td><td>$ 1.7 billion</td><td>$ 1.3 billion</td><td>31% ( 31 % )</td></tr></table> contract generation revenues increased $ 800 million , or 47% ( 47 % ) to $ 2.5 billion in 2001 from $ 1.7 billion in 2000 , principally resulting from the addition of revenues attributable to businesses acquired during 2001 or 2000 . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , contract generation revenues increased 2% ( 2 % ) to $ 1.7 billion in 2001 . the increase in contract generation segment revenues was due primarily to increases in south america , europe/africa and asia . in south america , contract generation segment revenues increased $ 472 million due mainly to the acquisition of gener and the full year of operations at uruguaiana offset by reduced revenues at tiete from the electricity rationing in brazil . in europe/africa , contract generation segment revenues increased $ 88 million , and the acquisition of a controlling interest in kilroot during 2000 was the largest contributor to the increase . in asia , contract generation segment revenues increased $ 96 million , and increased operations from our ecogen peaking plant was the most significant contributor to the .
Question: what was the value of contract generation in 2001?
Answer: 2.5
Question: what was the value of competitive supply?
| 2.7 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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future impairments would be recorded in income from continuing operations . the statement provides specific guidance for testing goodwill for impairment . the company had $ 3.2 billion of goodwill at december 31 , 2001 . goodwill amortization was $ 62 million for the year ended december 31 , 2001 . the company is currently assessing the impact of sfas no . 142 on its financial position and results of operations . in june 2001 , the fasb issued sfas no . 143 , 2018 2018accounting for asset retirement obligations , 2019 2019 which addresses financial accounting and reporting for obligations associated with the retirement of tangible long-lived assets and the associated asset retirement costs . this statement is effective for financial statements issued for fiscal years beginning after june 15 , 2002 . the statement requires recognition of legal obligations associated with the retirement of a long-lived asset , except for certain obligations of lessees . the company is currently assessing the impact of sfas no . 143 on its financial position and results of operations . in december 2001 , the fasb revised its earlier conclusion , derivatives implementation group ( 2018 2018dig 2019 2019 ) issue c-15 , related to contracts involving the purchase or sale of electricity . contracts for the purchase or sale of electricity , both forward and option contracts , including capacity contracts , may qualify for the normal purchases and sales exemption and are not required to be accounted for as derivatives under sfas no . 133 . in order for contracts to qualify for this exemption , they must meet certain criteria , which include the requirement for physical delivery of the electricity to be purchased or sold under the contract only in the normal course of business . additionally , contracts that have a price based on an underlying that is not clearly and closely related to the electricity being sold or purchased or that are denominated in a currency that is foreign to the buyer or seller are not considered normal purchases and normal sales and are required to be accounted for as derivatives under sfas no . 133 . this revised conclusion is effective beginning april 1 , 2002 . the company is currently assessing the impact of revised dig issue c-15 on its financial condition and results of operations . 2001 compared to 2000 revenues revenues increased $ 1.8 billion , or 24% ( 24 % ) to $ 9.3 billion in 2001 from $ 7.5 billion in 2000 . the increase in revenues is due to the acquisition of new businesses , new operations from greenfield projects and positive improvements from existing operations . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , revenues increased 5% ( 5 % ) to $ 7.1 billion in 2001 . the following table shows the revenue of each segment: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2001</td><td>2000</td><td>% ( % ) change</td></tr><tr><td>2</td><td>contract generation</td><td>$ 2.5 billion</td><td>$ 1.7 billion</td><td>47% ( 47 % )</td></tr><tr><td>3</td><td>competitive supply</td><td>$ 2.7 billion</td><td>$ 2.4 billion</td><td>13% ( 13 % )</td></tr><tr><td>4</td><td>large utilities</td><td>$ 2.4 billion</td><td>$ 2.1 billion</td><td>14% ( 14 % )</td></tr><tr><td>5</td><td>growth distribution</td><td>$ 1.7 billion</td><td>$ 1.3 billion</td><td>31% ( 31 % )</td></tr></table> contract generation revenues increased $ 800 million , or 47% ( 47 % ) to $ 2.5 billion in 2001 from $ 1.7 billion in 2000 , principally resulting from the addition of revenues attributable to businesses acquired during 2001 or 2000 . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , contract generation revenues increased 2% ( 2 % ) to $ 1.7 billion in 2001 . the increase in contract generation segment revenues was due primarily to increases in south america , europe/africa and asia . in south america , contract generation segment revenues increased $ 472 million due mainly to the acquisition of gener and the full year of operations at uruguaiana offset by reduced revenues at tiete from the electricity rationing in brazil . in europe/africa , contract generation segment revenues increased $ 88 million , and the acquisition of a controlling interest in kilroot during 2000 was the largest contributor to the increase . in asia , contract generation segment revenues increased $ 96 million , and increased operations from our ecogen peaking plant was the most significant contributor to the .
Question: what was the value of contract generation in 2001?
Answer: 2.5
Question: what was the value of competitive supply?
Answer: 2.7
Question: what is the sum of those?
| 5.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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future impairments would be recorded in income from continuing operations . the statement provides specific guidance for testing goodwill for impairment . the company had $ 3.2 billion of goodwill at december 31 , 2001 . goodwill amortization was $ 62 million for the year ended december 31 , 2001 . the company is currently assessing the impact of sfas no . 142 on its financial position and results of operations . in june 2001 , the fasb issued sfas no . 143 , 2018 2018accounting for asset retirement obligations , 2019 2019 which addresses financial accounting and reporting for obligations associated with the retirement of tangible long-lived assets and the associated asset retirement costs . this statement is effective for financial statements issued for fiscal years beginning after june 15 , 2002 . the statement requires recognition of legal obligations associated with the retirement of a long-lived asset , except for certain obligations of lessees . the company is currently assessing the impact of sfas no . 143 on its financial position and results of operations . in december 2001 , the fasb revised its earlier conclusion , derivatives implementation group ( 2018 2018dig 2019 2019 ) issue c-15 , related to contracts involving the purchase or sale of electricity . contracts for the purchase or sale of electricity , both forward and option contracts , including capacity contracts , may qualify for the normal purchases and sales exemption and are not required to be accounted for as derivatives under sfas no . 133 . in order for contracts to qualify for this exemption , they must meet certain criteria , which include the requirement for physical delivery of the electricity to be purchased or sold under the contract only in the normal course of business . additionally , contracts that have a price based on an underlying that is not clearly and closely related to the electricity being sold or purchased or that are denominated in a currency that is foreign to the buyer or seller are not considered normal purchases and normal sales and are required to be accounted for as derivatives under sfas no . 133 . this revised conclusion is effective beginning april 1 , 2002 . the company is currently assessing the impact of revised dig issue c-15 on its financial condition and results of operations . 2001 compared to 2000 revenues revenues increased $ 1.8 billion , or 24% ( 24 % ) to $ 9.3 billion in 2001 from $ 7.5 billion in 2000 . the increase in revenues is due to the acquisition of new businesses , new operations from greenfield projects and positive improvements from existing operations . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , revenues increased 5% ( 5 % ) to $ 7.1 billion in 2001 . the following table shows the revenue of each segment: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2001</td><td>2000</td><td>% ( % ) change</td></tr><tr><td>2</td><td>contract generation</td><td>$ 2.5 billion</td><td>$ 1.7 billion</td><td>47% ( 47 % )</td></tr><tr><td>3</td><td>competitive supply</td><td>$ 2.7 billion</td><td>$ 2.4 billion</td><td>13% ( 13 % )</td></tr><tr><td>4</td><td>large utilities</td><td>$ 2.4 billion</td><td>$ 2.1 billion</td><td>14% ( 14 % )</td></tr><tr><td>5</td><td>growth distribution</td><td>$ 1.7 billion</td><td>$ 1.3 billion</td><td>31% ( 31 % )</td></tr></table> contract generation revenues increased $ 800 million , or 47% ( 47 % ) to $ 2.5 billion in 2001 from $ 1.7 billion in 2000 , principally resulting from the addition of revenues attributable to businesses acquired during 2001 or 2000 . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , contract generation revenues increased 2% ( 2 % ) to $ 1.7 billion in 2001 . the increase in contract generation segment revenues was due primarily to increases in south america , europe/africa and asia . in south america , contract generation segment revenues increased $ 472 million due mainly to the acquisition of gener and the full year of operations at uruguaiana offset by reduced revenues at tiete from the electricity rationing in brazil . in europe/africa , contract generation segment revenues increased $ 88 million , and the acquisition of a controlling interest in kilroot during 2000 was the largest contributor to the increase . in asia , contract generation segment revenues increased $ 96 million , and increased operations from our ecogen peaking plant was the most significant contributor to the .
Question: what was the value of contract generation in 2001?
Answer: 2.5
Question: what was the value of competitive supply?
Answer: 2.7
Question: what is the sum of those?
Answer: 5.2
Question: what is the sum including large utilities from 2001?
| 7.6 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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future impairments would be recorded in income from continuing operations . the statement provides specific guidance for testing goodwill for impairment . the company had $ 3.2 billion of goodwill at december 31 , 2001 . goodwill amortization was $ 62 million for the year ended december 31 , 2001 . the company is currently assessing the impact of sfas no . 142 on its financial position and results of operations . in june 2001 , the fasb issued sfas no . 143 , 2018 2018accounting for asset retirement obligations , 2019 2019 which addresses financial accounting and reporting for obligations associated with the retirement of tangible long-lived assets and the associated asset retirement costs . this statement is effective for financial statements issued for fiscal years beginning after june 15 , 2002 . the statement requires recognition of legal obligations associated with the retirement of a long-lived asset , except for certain obligations of lessees . the company is currently assessing the impact of sfas no . 143 on its financial position and results of operations . in december 2001 , the fasb revised its earlier conclusion , derivatives implementation group ( 2018 2018dig 2019 2019 ) issue c-15 , related to contracts involving the purchase or sale of electricity . contracts for the purchase or sale of electricity , both forward and option contracts , including capacity contracts , may qualify for the normal purchases and sales exemption and are not required to be accounted for as derivatives under sfas no . 133 . in order for contracts to qualify for this exemption , they must meet certain criteria , which include the requirement for physical delivery of the electricity to be purchased or sold under the contract only in the normal course of business . additionally , contracts that have a price based on an underlying that is not clearly and closely related to the electricity being sold or purchased or that are denominated in a currency that is foreign to the buyer or seller are not considered normal purchases and normal sales and are required to be accounted for as derivatives under sfas no . 133 . this revised conclusion is effective beginning april 1 , 2002 . the company is currently assessing the impact of revised dig issue c-15 on its financial condition and results of operations . 2001 compared to 2000 revenues revenues increased $ 1.8 billion , or 24% ( 24 % ) to $ 9.3 billion in 2001 from $ 7.5 billion in 2000 . the increase in revenues is due to the acquisition of new businesses , new operations from greenfield projects and positive improvements from existing operations . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , revenues increased 5% ( 5 % ) to $ 7.1 billion in 2001 . the following table shows the revenue of each segment: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2001</td><td>2000</td><td>% ( % ) change</td></tr><tr><td>2</td><td>contract generation</td><td>$ 2.5 billion</td><td>$ 1.7 billion</td><td>47% ( 47 % )</td></tr><tr><td>3</td><td>competitive supply</td><td>$ 2.7 billion</td><td>$ 2.4 billion</td><td>13% ( 13 % )</td></tr><tr><td>4</td><td>large utilities</td><td>$ 2.4 billion</td><td>$ 2.1 billion</td><td>14% ( 14 % )</td></tr><tr><td>5</td><td>growth distribution</td><td>$ 1.7 billion</td><td>$ 1.3 billion</td><td>31% ( 31 % )</td></tr></table> contract generation revenues increased $ 800 million , or 47% ( 47 % ) to $ 2.5 billion in 2001 from $ 1.7 billion in 2000 , principally resulting from the addition of revenues attributable to businesses acquired during 2001 or 2000 . excluding businesses acquired or that commenced commercial operations in 2001 or 2000 , contract generation revenues increased 2% ( 2 % ) to $ 1.7 billion in 2001 . the increase in contract generation segment revenues was due primarily to increases in south america , europe/africa and asia . in south america , contract generation segment revenues increased $ 472 million due mainly to the acquisition of gener and the full year of operations at uruguaiana offset by reduced revenues at tiete from the electricity rationing in brazil . in europe/africa , contract generation segment revenues increased $ 88 million , and the acquisition of a controlling interest in kilroot during 2000 was the largest contributor to the increase . in asia , contract generation segment revenues increased $ 96 million , and increased operations from our ecogen peaking plant was the most significant contributor to the .
Question: what was the value of contract generation in 2001?
Answer: 2.5
Question: what was the value of competitive supply?
Answer: 2.7
Question: what is the sum of those?
Answer: 5.2
Question: what is the sum including large utilities from 2001?
Answer: 7.6
Question: what is the total sum including growth distribution?
| 9.3 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 31 , 2011 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 31 , 2016 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/31/1612/28/13 1/2/1612/31/11 1/3/1512/29/12 *$ 100 invested on 12/31/11 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2011</td><td>12/29/2012</td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>129.23</td><td>133.94</td><td>181.06</td><td>200.10</td><td>242.50</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>116.41</td><td>165.47</td><td>188.69</td><td>200.32</td><td>216.54</td></tr><tr><td>4</td><td>s&p 400 information technology</td><td>100.00</td><td>118.41</td><td>165.38</td><td>170.50</td><td>178.74</td><td>219.65</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. .
Question: what was the value of nasdaq composite in 2016?
| 200.32 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 31 , 2011 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 31 , 2016 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/31/1612/28/13 1/2/1612/31/11 1/3/1512/29/12 *$ 100 invested on 12/31/11 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2011</td><td>12/29/2012</td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>129.23</td><td>133.94</td><td>181.06</td><td>200.10</td><td>242.50</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>116.41</td><td>165.47</td><td>188.69</td><td>200.32</td><td>216.54</td></tr><tr><td>4</td><td>s&p 400 information technology</td><td>100.00</td><td>118.41</td><td>165.38</td><td>170.50</td><td>178.74</td><td>219.65</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. .
Question: what was the value of nasdaq composite in 2016?
Answer: 200.32
Question: and what was its value in 2015?
| 188.69 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 31 , 2011 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 31 , 2016 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/31/1612/28/13 1/2/1612/31/11 1/3/1512/29/12 *$ 100 invested on 12/31/11 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2011</td><td>12/29/2012</td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>129.23</td><td>133.94</td><td>181.06</td><td>200.10</td><td>242.50</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>116.41</td><td>165.47</td><td>188.69</td><td>200.32</td><td>216.54</td></tr><tr><td>4</td><td>s&p 400 information technology</td><td>100.00</td><td>118.41</td><td>165.38</td><td>170.50</td><td>178.74</td><td>219.65</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. .
Question: what was the value of nasdaq composite in 2016?
Answer: 200.32
Question: and what was its value in 2015?
Answer: 188.69
Question: what was, then, the change in its value over the year?
| 11.63 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 31 , 2011 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 31 , 2016 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/31/1612/28/13 1/2/1612/31/11 1/3/1512/29/12 *$ 100 invested on 12/31/11 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2011</td><td>12/29/2012</td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>129.23</td><td>133.94</td><td>181.06</td><td>200.10</td><td>242.50</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>116.41</td><td>165.47</td><td>188.69</td><td>200.32</td><td>216.54</td></tr><tr><td>4</td><td>s&p 400 information technology</td><td>100.00</td><td>118.41</td><td>165.38</td><td>170.50</td><td>178.74</td><td>219.65</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. .
Question: what was the value of nasdaq composite in 2016?
Answer: 200.32
Question: and what was its value in 2015?
Answer: 188.69
Question: what was, then, the change in its value over the year?
Answer: 11.63
Question: and how much does this change represent in relation to the value of that stock in 2015?
| 0.06164 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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utilized . in accordance with sfas no . 144 , accounting for the impairment or disposal of long-lived assets , a non-cash impairment charge of $ 4.1 million was recorded in the second quarter of fiscal 2008 for the excess machinery . this charge is included as a separate line item in the company 2019s consolidated statement of operations . there was no change to useful lives and related depreciation expense of the remaining assets as the company believes these estimates are currently reflective of the period the assets will be used in operations . 7 . warranties the company generally provides a one-year warranty on sequencing , genotyping and gene expression systems . at the time revenue is recognized , the company establishes an accrual for estimated warranty expenses associated with system sales . this expense is recorded as a component of cost of product revenue . estimated warranty expenses associated with extended maintenance contracts are recorded as cost of revenue ratably over the term of the maintenance contract . changes in the company 2019s reserve for product warranties from january 1 , 2006 through december 28 , 2008 are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2006</td><td>$ 751</td></tr><tr><td>2</td><td>additions charged to cost of revenue</td><td>1379</td></tr><tr><td>3</td><td>repairs and replacements</td><td>-1134 ( 1134 )</td></tr><tr><td>4</td><td>balance as of december 31 2006</td><td>996</td></tr><tr><td>5</td><td>additions charged to cost of revenue</td><td>4939</td></tr><tr><td>6</td><td>repairs and replacements</td><td>-2219 ( 2219 )</td></tr><tr><td>7</td><td>balance as of december 30 2007</td><td>3716</td></tr><tr><td>8</td><td>additions charged to cost of revenue</td><td>13044</td></tr><tr><td>9</td><td>repairs and replacements</td><td>-8557 ( 8557 )</td></tr><tr><td>10</td><td>balance as of december 28 2008</td><td>$ 8203</td></tr></table> 8 . convertible senior notes on february 16 , 2007 , the company issued $ 400.0 million principal amount of 0.625% ( 0.625 % ) convertible senior notes due 2014 ( the notes ) , which included the exercise of the initial purchasers 2019 option to purchase up to an additional $ 50.0 million aggregate principal amount of notes . the net proceeds from the offering , after deducting the initial purchasers 2019 discount and offering expenses , were $ 390.3 million . the company will pay 0.625% ( 0.625 % ) interest per annum on the principal amount of the notes , payable semi-annually in arrears in cash on february 15 and august 15 of each year . the company made interest payments of $ 1.3 million and $ 1.2 million on february 15 , 2008 and august 15 , 2008 , respectively . the notes mature on february 15 , the notes will be convertible into cash and , if applicable , shares of the company 2019s common stock , $ 0.01 par value per share , based on a conversion rate , subject to adjustment , of 45.8058 shares per $ 1000 principal amount of notes ( which represents a conversion price of $ 21.83 per share ) , only in the following circumstances and to the following extent : ( 1 ) during the five business-day period after any five consecutive trading period ( the measurement period ) in which the trading price per note for each day of such measurement period was less than 97% ( 97 % ) of the product of the last reported sale price of the company 2019s common stock and the conversion rate on each such day ; ( 2 ) during any calendar quarter after the calendar quarter ending march 30 , 2007 , if the last reported sale price of the company 2019s common stock for 20 or more trading days in a period of 30 consecutive trading days ending on the last trading day of the immediately illumina , inc . notes to consolidated financial statements 2014 ( continued ) .
Question: what was the difference in the reserve for product warranties between 12/30/06 and 12/30/07?
| 2720.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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utilized . in accordance with sfas no . 144 , accounting for the impairment or disposal of long-lived assets , a non-cash impairment charge of $ 4.1 million was recorded in the second quarter of fiscal 2008 for the excess machinery . this charge is included as a separate line item in the company 2019s consolidated statement of operations . there was no change to useful lives and related depreciation expense of the remaining assets as the company believes these estimates are currently reflective of the period the assets will be used in operations . 7 . warranties the company generally provides a one-year warranty on sequencing , genotyping and gene expression systems . at the time revenue is recognized , the company establishes an accrual for estimated warranty expenses associated with system sales . this expense is recorded as a component of cost of product revenue . estimated warranty expenses associated with extended maintenance contracts are recorded as cost of revenue ratably over the term of the maintenance contract . changes in the company 2019s reserve for product warranties from january 1 , 2006 through december 28 , 2008 are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2006</td><td>$ 751</td></tr><tr><td>2</td><td>additions charged to cost of revenue</td><td>1379</td></tr><tr><td>3</td><td>repairs and replacements</td><td>-1134 ( 1134 )</td></tr><tr><td>4</td><td>balance as of december 31 2006</td><td>996</td></tr><tr><td>5</td><td>additions charged to cost of revenue</td><td>4939</td></tr><tr><td>6</td><td>repairs and replacements</td><td>-2219 ( 2219 )</td></tr><tr><td>7</td><td>balance as of december 30 2007</td><td>3716</td></tr><tr><td>8</td><td>additions charged to cost of revenue</td><td>13044</td></tr><tr><td>9</td><td>repairs and replacements</td><td>-8557 ( 8557 )</td></tr><tr><td>10</td><td>balance as of december 28 2008</td><td>$ 8203</td></tr></table> 8 . convertible senior notes on february 16 , 2007 , the company issued $ 400.0 million principal amount of 0.625% ( 0.625 % ) convertible senior notes due 2014 ( the notes ) , which included the exercise of the initial purchasers 2019 option to purchase up to an additional $ 50.0 million aggregate principal amount of notes . the net proceeds from the offering , after deducting the initial purchasers 2019 discount and offering expenses , were $ 390.3 million . the company will pay 0.625% ( 0.625 % ) interest per annum on the principal amount of the notes , payable semi-annually in arrears in cash on february 15 and august 15 of each year . the company made interest payments of $ 1.3 million and $ 1.2 million on february 15 , 2008 and august 15 , 2008 , respectively . the notes mature on february 15 , the notes will be convertible into cash and , if applicable , shares of the company 2019s common stock , $ 0.01 par value per share , based on a conversion rate , subject to adjustment , of 45.8058 shares per $ 1000 principal amount of notes ( which represents a conversion price of $ 21.83 per share ) , only in the following circumstances and to the following extent : ( 1 ) during the five business-day period after any five consecutive trading period ( the measurement period ) in which the trading price per note for each day of such measurement period was less than 97% ( 97 % ) of the product of the last reported sale price of the company 2019s common stock and the conversion rate on each such day ; ( 2 ) during any calendar quarter after the calendar quarter ending march 30 , 2007 , if the last reported sale price of the company 2019s common stock for 20 or more trading days in a period of 30 consecutive trading days ending on the last trading day of the immediately illumina , inc . notes to consolidated financial statements 2014 ( continued ) .
Question: what was the difference in the reserve for product warranties between 12/30/06 and 12/30/07?
Answer: 2720.0
Question: and the specific value for 2006?
| 996.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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utilized . in accordance with sfas no . 144 , accounting for the impairment or disposal of long-lived assets , a non-cash impairment charge of $ 4.1 million was recorded in the second quarter of fiscal 2008 for the excess machinery . this charge is included as a separate line item in the company 2019s consolidated statement of operations . there was no change to useful lives and related depreciation expense of the remaining assets as the company believes these estimates are currently reflective of the period the assets will be used in operations . 7 . warranties the company generally provides a one-year warranty on sequencing , genotyping and gene expression systems . at the time revenue is recognized , the company establishes an accrual for estimated warranty expenses associated with system sales . this expense is recorded as a component of cost of product revenue . estimated warranty expenses associated with extended maintenance contracts are recorded as cost of revenue ratably over the term of the maintenance contract . changes in the company 2019s reserve for product warranties from january 1 , 2006 through december 28 , 2008 are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2006</td><td>$ 751</td></tr><tr><td>2</td><td>additions charged to cost of revenue</td><td>1379</td></tr><tr><td>3</td><td>repairs and replacements</td><td>-1134 ( 1134 )</td></tr><tr><td>4</td><td>balance as of december 31 2006</td><td>996</td></tr><tr><td>5</td><td>additions charged to cost of revenue</td><td>4939</td></tr><tr><td>6</td><td>repairs and replacements</td><td>-2219 ( 2219 )</td></tr><tr><td>7</td><td>balance as of december 30 2007</td><td>3716</td></tr><tr><td>8</td><td>additions charged to cost of revenue</td><td>13044</td></tr><tr><td>9</td><td>repairs and replacements</td><td>-8557 ( 8557 )</td></tr><tr><td>10</td><td>balance as of december 28 2008</td><td>$ 8203</td></tr></table> 8 . convertible senior notes on february 16 , 2007 , the company issued $ 400.0 million principal amount of 0.625% ( 0.625 % ) convertible senior notes due 2014 ( the notes ) , which included the exercise of the initial purchasers 2019 option to purchase up to an additional $ 50.0 million aggregate principal amount of notes . the net proceeds from the offering , after deducting the initial purchasers 2019 discount and offering expenses , were $ 390.3 million . the company will pay 0.625% ( 0.625 % ) interest per annum on the principal amount of the notes , payable semi-annually in arrears in cash on february 15 and august 15 of each year . the company made interest payments of $ 1.3 million and $ 1.2 million on february 15 , 2008 and august 15 , 2008 , respectively . the notes mature on february 15 , the notes will be convertible into cash and , if applicable , shares of the company 2019s common stock , $ 0.01 par value per share , based on a conversion rate , subject to adjustment , of 45.8058 shares per $ 1000 principal amount of notes ( which represents a conversion price of $ 21.83 per share ) , only in the following circumstances and to the following extent : ( 1 ) during the five business-day period after any five consecutive trading period ( the measurement period ) in which the trading price per note for each day of such measurement period was less than 97% ( 97 % ) of the product of the last reported sale price of the company 2019s common stock and the conversion rate on each such day ; ( 2 ) during any calendar quarter after the calendar quarter ending march 30 , 2007 , if the last reported sale price of the company 2019s common stock for 20 or more trading days in a period of 30 consecutive trading days ending on the last trading day of the immediately illumina , inc . notes to consolidated financial statements 2014 ( continued ) .
Question: what was the difference in the reserve for product warranties between 12/30/06 and 12/30/07?
Answer: 2720.0
Question: and the specific value for 2006?
Answer: 996.0
Question: so what was the percentage change during this time?
| 2.73092 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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available information . the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8- k , proxy statements and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestregroup.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) . item 1a . risk factors in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities . if the circumstances contemplated by the individual risk factors materialize , our business , financial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly . risks relating to our business fluctuations in the financial markets could result in investment losses . prolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . there could also be disruption in individual market sectors , such as occurred in the energy sector during the fourth quarter of 2014 . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . subsequent to april 1 , 2010 , we define a catastrophe as an event that causes a loss on property exposures before reinsurance of at least $ 10.0 million , before corporate level reinsurance and taxes . prior to april 1 , 2010 , we used a threshold of $ 5.0 million . by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . <table class='wikitable'><tr><td>1</td><td>calendar year:</td><td>pre-tax catastrophe losses</td></tr><tr><td>2</td><td>( dollars in millions )</td><td>-</td></tr><tr><td>3</td><td>2014</td><td>$ 62.2</td></tr><tr><td>4</td><td>2013</td><td>195.0</td></tr><tr><td>5</td><td>2012</td><td>410.0</td></tr><tr><td>6</td><td>2011</td><td>1300.4</td></tr><tr><td>7</td><td>2010</td><td>571.1</td></tr></table> our losses from future catastrophic events could exceed our projections . we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool . we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area . these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .
Question: what was the total of pre-tax catastrophe losses in 2014?
| 62.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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available information . the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8- k , proxy statements and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestregroup.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) . item 1a . risk factors in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities . if the circumstances contemplated by the individual risk factors materialize , our business , financial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly . risks relating to our business fluctuations in the financial markets could result in investment losses . prolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . there could also be disruption in individual market sectors , such as occurred in the energy sector during the fourth quarter of 2014 . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . subsequent to april 1 , 2010 , we define a catastrophe as an event that causes a loss on property exposures before reinsurance of at least $ 10.0 million , before corporate level reinsurance and taxes . prior to april 1 , 2010 , we used a threshold of $ 5.0 million . by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . <table class='wikitable'><tr><td>1</td><td>calendar year:</td><td>pre-tax catastrophe losses</td></tr><tr><td>2</td><td>( dollars in millions )</td><td>-</td></tr><tr><td>3</td><td>2014</td><td>$ 62.2</td></tr><tr><td>4</td><td>2013</td><td>195.0</td></tr><tr><td>5</td><td>2012</td><td>410.0</td></tr><tr><td>6</td><td>2011</td><td>1300.4</td></tr><tr><td>7</td><td>2010</td><td>571.1</td></tr></table> our losses from future catastrophic events could exceed our projections . we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool . we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area . these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .
Question: what was the total of pre-tax catastrophe losses in 2014?
Answer: 62.2
Question: and what was it in 2013?
| 195.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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available information . the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8- k , proxy statements and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestregroup.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) . item 1a . risk factors in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities . if the circumstances contemplated by the individual risk factors materialize , our business , financial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly . risks relating to our business fluctuations in the financial markets could result in investment losses . prolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . there could also be disruption in individual market sectors , such as occurred in the energy sector during the fourth quarter of 2014 . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . subsequent to april 1 , 2010 , we define a catastrophe as an event that causes a loss on property exposures before reinsurance of at least $ 10.0 million , before corporate level reinsurance and taxes . prior to april 1 , 2010 , we used a threshold of $ 5.0 million . by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . <table class='wikitable'><tr><td>1</td><td>calendar year:</td><td>pre-tax catastrophe losses</td></tr><tr><td>2</td><td>( dollars in millions )</td><td>-</td></tr><tr><td>3</td><td>2014</td><td>$ 62.2</td></tr><tr><td>4</td><td>2013</td><td>195.0</td></tr><tr><td>5</td><td>2012</td><td>410.0</td></tr><tr><td>6</td><td>2011</td><td>1300.4</td></tr><tr><td>7</td><td>2010</td><td>571.1</td></tr></table> our losses from future catastrophic events could exceed our projections . we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool . we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area . these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .
Question: what was the total of pre-tax catastrophe losses in 2014?
Answer: 62.2
Question: and what was it in 2013?
Answer: 195.0
Question: what was, then, the combined total for both years?
| 257.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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available information . the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8- k , proxy statements and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestregroup.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) . item 1a . risk factors in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities . if the circumstances contemplated by the individual risk factors materialize , our business , financial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly . risks relating to our business fluctuations in the financial markets could result in investment losses . prolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . there could also be disruption in individual market sectors , such as occurred in the energy sector during the fourth quarter of 2014 . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . subsequent to april 1 , 2010 , we define a catastrophe as an event that causes a loss on property exposures before reinsurance of at least $ 10.0 million , before corporate level reinsurance and taxes . prior to april 1 , 2010 , we used a threshold of $ 5.0 million . by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . <table class='wikitable'><tr><td>1</td><td>calendar year:</td><td>pre-tax catastrophe losses</td></tr><tr><td>2</td><td>( dollars in millions )</td><td>-</td></tr><tr><td>3</td><td>2014</td><td>$ 62.2</td></tr><tr><td>4</td><td>2013</td><td>195.0</td></tr><tr><td>5</td><td>2012</td><td>410.0</td></tr><tr><td>6</td><td>2011</td><td>1300.4</td></tr><tr><td>7</td><td>2010</td><td>571.1</td></tr></table> our losses from future catastrophic events could exceed our projections . we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool . we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area . these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .
Question: what was the total of pre-tax catastrophe losses in 2014?
Answer: 62.2
Question: and what was it in 2013?
Answer: 195.0
Question: what was, then, the combined total for both years?
Answer: 257.2
Question: and including the year of 2012, what becomes this combined total?
| 667.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively . the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements . the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs . unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years . in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years . stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman . there were no additional options granted during the year ended december 31 , 2011 . the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options . the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level . volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock . risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s . treasury bond on the date the award was granted with a maturity equal to the expected term of the award . expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding . a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis . the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>dividend yield</td><td>2.9% ( 2.9 % )</td><td>3.6% ( 3.6 % )</td></tr><tr><td>3</td><td>volatility rate</td><td>25% ( 25 % )</td><td>25% ( 25 % )</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>2.3% ( 2.3 % )</td><td>1.7% ( 1.7 % )</td></tr><tr><td>5</td><td>expected option life ( years )</td><td>6</td><td>5 & 6</td></tr></table> the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the weighted-average grant date fair value of stock options in 2010?
| 11.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively . the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements . the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs . unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years . in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years . stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman . there were no additional options granted during the year ended december 31 , 2011 . the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options . the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level . volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock . risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s . treasury bond on the date the award was granted with a maturity equal to the expected term of the award . expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding . a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis . the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>dividend yield</td><td>2.9% ( 2.9 % )</td><td>3.6% ( 3.6 % )</td></tr><tr><td>3</td><td>volatility rate</td><td>25% ( 25 % )</td><td>25% ( 25 % )</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>2.3% ( 2.3 % )</td><td>1.7% ( 1.7 % )</td></tr><tr><td>5</td><td>expected option life ( years )</td><td>6</td><td>5 & 6</td></tr></table> the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the weighted-average grant date fair value of stock options in 2010?
Answer: 11.0
Question: and what was it in 2009?
| 7.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively . the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements . the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs . unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years . in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years . stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman . there were no additional options granted during the year ended december 31 , 2011 . the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options . the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level . volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock . risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s . treasury bond on the date the award was granted with a maturity equal to the expected term of the award . expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding . a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis . the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>dividend yield</td><td>2.9% ( 2.9 % )</td><td>3.6% ( 3.6 % )</td></tr><tr><td>3</td><td>volatility rate</td><td>25% ( 25 % )</td><td>25% ( 25 % )</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>2.3% ( 2.3 % )</td><td>1.7% ( 1.7 % )</td></tr><tr><td>5</td><td>expected option life ( years )</td><td>6</td><td>5 & 6</td></tr></table> the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the weighted-average grant date fair value of stock options in 2010?
Answer: 11.0
Question: and what was it in 2009?
Answer: 7.0
Question: what was, then, the change over the year?
| 4.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively . the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements . the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs . unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years . in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years . stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman . there were no additional options granted during the year ended december 31 , 2011 . the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options . the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level . volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock . risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s . treasury bond on the date the award was granted with a maturity equal to the expected term of the award . expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding . a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis . the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>dividend yield</td><td>2.9% ( 2.9 % )</td><td>3.6% ( 3.6 % )</td></tr><tr><td>3</td><td>volatility rate</td><td>25% ( 25 % )</td><td>25% ( 25 % )</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>2.3% ( 2.3 % )</td><td>1.7% ( 1.7 % )</td></tr><tr><td>5</td><td>expected option life ( years )</td><td>6</td><td>5 & 6</td></tr></table> the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the weighted-average grant date fair value of stock options in 2010?
Answer: 11.0
Question: and what was it in 2009?
Answer: 7.0
Question: what was, then, the change over the year?
Answer: 4.0
Question: and what was this change as a portion of the 2009 fair value?
| 0.57143 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively . the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements . the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs . unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years . in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years . stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman . there were no additional options granted during the year ended december 31 , 2011 . the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options . the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level . volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock . risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s . treasury bond on the date the award was granted with a maturity equal to the expected term of the award . expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding . a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis . the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>dividend yield</td><td>2.9% ( 2.9 % )</td><td>3.6% ( 3.6 % )</td></tr><tr><td>3</td><td>volatility rate</td><td>25% ( 25 % )</td><td>25% ( 25 % )</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>2.3% ( 2.3 % )</td><td>1.7% ( 1.7 % )</td></tr><tr><td>5</td><td>expected option life ( years )</td><td>6</td><td>5 & 6</td></tr></table> the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the weighted-average grant date fair value of stock options in 2010?
Answer: 11.0
Question: and what was it in 2009?
Answer: 7.0
Question: what was, then, the change over the year?
Answer: 4.0
Question: and what was this change as a portion of the 2009 fair value?
Answer: 0.57143
Question: and in the year subsequent to this two year period, what were the total tax benefits realized?
| 12.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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management 2019s priorities management has re-evaluated its priorities following the appointment of its new ceo in september 2011 . management is focused on the following priorities : 2022 execution of our geographic concentration strategy to maximize shareholder value through disciplined capital allocation including : 2022 platform expansion in brazil , chile , colombia , and the united states , 2022 platform development in turkey , poland , and the united kingdom , 2022 corporate debt reduction , and 2022 a return of capital to shareholders , including our intent to initiate a dividend in 2012 ; 2022 closing the sales of businesses for which we have signed agreements with counterparties and prudently exiting select non-strategic markets ; 2022 optimizing profitability of operations in the existing portfolio ; 2022 integration of dpl into our portfolio ; 2022 implementing a management realignment of our businesses under two business lines : utilities and generation , and achieving cost savings through the alignment of overhead costs with business requirements , systems automation and optimal allocation of business development spending ; and 2022 completion of an approximately 2400 mw construction program and the integration of new projects into existing businesses . during the year ended december 31 , 2011 , the following projects commenced commercial operations : project location fuel aes equity interest ( percent , rounded ) aes solar ( 1 ) . . . . . . . . . . . . . . . . . . . . . . . various solar 62 50% ( 50 % ) . <table class='wikitable'><tr><td>1</td><td>project</td><td>location</td><td>fuel</td><td>gross mw</td><td>aes equity interest ( percent rounded )</td></tr><tr><td>2</td><td>aes solar ( 1 )</td><td>various</td><td>solar</td><td>62</td><td>50% ( 50 % )</td></tr><tr><td>3</td><td>angamos</td><td>chile</td><td>coal</td><td>545</td><td>71% ( 71 % )</td></tr><tr><td>4</td><td>changuinola</td><td>panama</td><td>hydro</td><td>223</td><td>100% ( 100 % )</td></tr><tr><td>5</td><td>kumkoy ( 2 )</td><td>turkey</td><td>hydro</td><td>18</td><td>51% ( 51 % )</td></tr><tr><td>6</td><td>laurel mountain</td><td>us-wv</td><td>wind</td><td>98</td><td>100% ( 100 % )</td></tr><tr><td>7</td><td>maritza</td><td>bulgaria</td><td>coal</td><td>670</td><td>100% ( 100 % )</td></tr><tr><td>8</td><td>sao joaquim</td><td>brazil</td><td>hydro</td><td>3</td><td>24% ( 24 % )</td></tr><tr><td>9</td><td>trinidad ( 3 )</td><td>trinidad</td><td>gas</td><td>394</td><td>10% ( 10 % )</td></tr></table> trinidad ( 3 ) . . . . . . . . . . . . . . . . . . . . . . . . trinidad gas 394 10% ( 10 % ) ( 1 ) aes solar energy ltd . is a joint venture with riverstone holdings and is accounted for as an equity method investment . plants that came online during the year include : kalipetrovo , ugento , soemina , francavilla fontana , latina , cocomeri , francofonte , scopeto , sabaudia , aprilla-1 , siracusa 1-3 complex , manduria apollo and rinaldone . ( 2 ) joint venture with i.c . energy . ( 3 ) an equity method investment held by aes . key trends and uncertainties our operations continue to face many risks as discussed in item 1a . 2014risk factors of this form 10-k . some of these challenges are also described below in 201ckey drivers of results in 2011 201d . we continue to monitor our operations and address challenges as they arise . operations in august 2010 , the esti power plant , a 120 mw run-of-river hydroelectric power plant in panama , was taken offline due to damage to its tunnel infrastructure . aes panama is partially covered for business .
Question: what is the company's total coal capacity in gross mw?
| 1215.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>number of shares of common stock to be issued upon exercise of outstanding options warrants and rights ( a ) 123</td><td>weighted-average exercise price of outstanding stock options ( b )</td><td>number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c ) 4</td></tr><tr><td>2</td><td>equity compensation plans approved by security holders</td><td>15563666</td><td>9.70</td><td>41661517</td></tr><tr><td>3</td><td>equity compensation plans not approved by security holders</td><td>none</td><td>-</td><td>-</td></tr></table> part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. .
Question: what was the number of additional shares included in the award?
| 2721405.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>number of shares of common stock to be issued upon exercise of outstanding options warrants and rights ( a ) 123</td><td>weighted-average exercise price of outstanding stock options ( b )</td><td>number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c ) 4</td></tr><tr><td>2</td><td>equity compensation plans approved by security holders</td><td>15563666</td><td>9.70</td><td>41661517</td></tr><tr><td>3</td><td>equity compensation plans not approved by security holders</td><td>none</td><td>-</td><td>-</td></tr></table> part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. .
Question: what was the number of additional shares included in the award?
Answer: 2721405.0
Question: and what was the 2014 closing stock price?
| 20.77 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>number of shares of common stock to be issued upon exercise of outstanding options warrants and rights ( a ) 123</td><td>weighted-average exercise price of outstanding stock options ( b )</td><td>number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c ) 4</td></tr><tr><td>2</td><td>equity compensation plans approved by security holders</td><td>15563666</td><td>9.70</td><td>41661517</td></tr><tr><td>3</td><td>equity compensation plans not approved by security holders</td><td>none</td><td>-</td><td>-</td></tr></table> part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. .
Question: what was the number of additional shares included in the award?
Answer: 2721405.0
Question: and what was the 2014 closing stock price?
Answer: 20.77
Question: what was, then, the total value of those shares, considering this 2014 price?
| 56523581.85 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>number of shares of common stock to be issued upon exercise of outstanding options warrants and rights ( a ) 123</td><td>weighted-average exercise price of outstanding stock options ( b )</td><td>number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c ) 4</td></tr><tr><td>2</td><td>equity compensation plans approved by security holders</td><td>15563666</td><td>9.70</td><td>41661517</td></tr><tr><td>3</td><td>equity compensation plans not approved by security holders</td><td>none</td><td>-</td><td>-</td></tr></table> part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 21 , 2015 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2014 , our chief executive officer provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201cexecutive compensation 201d section , the 201cnon- management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation and leadership talent committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares and ownership of common stock 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2014 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 123 weighted-average exercise price of outstanding stock options number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15563666 9.70 41661517 equity compensation plans not approved by security holders . . . . . . . . . . . . . . . . . none 1 included a total of 5866475 performance-based share awards made under the 2009 and 2014 performance incentive plans representing the target number of shares of common stock to be issued to employees following the completion of the 2012-2014 performance period ( the 201c2014 ltip share awards 201d ) , the 2013-2015 performance period ( the 201c2015 ltip share awards 201d ) and the 2014-2016 performance period ( the 201c2016 ltip share awards 201d ) , respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2014 ltip share awards , the 2015 ltip share awards or the 2016 ltip share awards into account . 2 included a total of 98877 restricted share units and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares of common stock or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 ipg has issued restricted cash awards ( 201cperformance cash awards 201d ) , half of which shall be settled in shares of common stock and half of which shall be settled in cash . using the 2014 closing stock price of $ 20.77 , the awards which shall be settled in shares of common stock represent rights to an additional 2721405 shares . these shares are not included in the table above . 4 included ( i ) 29045044 shares of common stock available for issuance under the 2014 performance incentive plan , ( ii ) 12181214 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 435259 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan. .
Question: what was the number of additional shares included in the award?
Answer: 2721405.0
Question: and what was the 2014 closing stock price?
Answer: 20.77
Question: what was, then, the total value of those shares, considering this 2014 price?
Answer: 56523581.85
Question: and how much is that in millions?
| 56.52358 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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z i m m e r h o l d i n g s , i n c . a n d s u b s i d i a r i e s 2 0 0 2 f o r m 1 0 - k contractual obligations the company has entered into contracts with various third parties in the normal course of business which will require future payments . the following table illustrates the company 2019s contractual obligations : than 1 1 - 3 4 - 5 after 5 contractual obligations total year years years years . <table class='wikitable'><tr><td>1</td><td>contractual obligations</td><td>total</td><td>less than 1 year</td><td>1 - 3 years</td><td>4 - 5 years</td><td>after 5 years</td></tr><tr><td>2</td><td>short-term debt</td><td>$ 156.7</td><td>$ 156.7</td><td>$ 2013</td><td>$ 2013</td><td>$ 2013</td></tr><tr><td>3</td><td>operating leases</td><td>36.9</td><td>8.3</td><td>12.7</td><td>7.3</td><td>8.6</td></tr><tr><td>4</td><td>minimum purchase commitments</td><td>25.0</td><td>25.0</td><td>2013</td><td>2013</td><td>2013</td></tr><tr><td>5</td><td>total contractual obligations</td><td>$ 218.6</td><td>$ 190.0</td><td>$ 12.7</td><td>$ 7.3</td><td>$ 8.6</td></tr></table> critical accounting policies equipment based on historical patterns of use and physical and technological characteristics of assets , as the financial results of the company are affected by the appropriate . in accordance with statement of financial selection and application of accounting policies and methods . accounting standards ( 2018 2018sfas 2019 2019 ) no . 144 , 2018 2018accounting for significant accounting policies which , in some cases , require the impairment or disposal of long-lived assets , 2019 2019 the management 2019s judgment are discussed below . company reviews property , plant and equipment for revenue recognition 2013 a significant portion of the com- impairment whenever events or changes in circumstances pany 2019s revenue is recognized for field based product upon indicate that the carrying value of an asset may not be notification that the product has been implanted or used . recoverable . an impairment loss would be recognized for all other transactions , the company recognizes when estimated future cash flows relating to the asset revenue when title is passed to customers , generally are less than its carrying amount . upon shipment . estimated returns and allowances are derivative financial instruments 2013 critical aspects of recorded as a reduction of sales when the revenue is the company 2019s accounting policy for derivative financial recognized . instruments include conditions which require that critical inventories 2013 the company must determine as of each terms of a hedging instrument are essentially the same as balance sheet date how much , if any , of its inventory may a hedged forecasted transaction . another important ele- ultimately prove to be unsaleable or unsaleable at its ment of the policy requires that formal documentation be carrying cost . reserves are established to effectively maintained as required by the sfas no . 133 , 2018 2018accounting adjust any such inventory to net realizable value . to for derivative instruments and hedging activities . 2019 2019 fail- determine the appropriate level of reserves , the company ure to comply with these conditions would result in a evaluates current stock levels in relation to historical and requirement to recognize changes in market value of expected patterns of demand for all of its products . a hedge instruments in earnings as they occur . manage- series of algorithms is applied to the data to assist ment routinely monitors significant estimates , assump- management in its evaluation . management evaluates the tions and judgments associated with derivative need for changes to valuation reserves based on market instruments , and compliance with formal documentation conditions , competitive offerings and other factors on a requirements . regular basis . further information about inventory stock compensation 2013 the company applies the provi- reserves is provided in notes to the consolidated financial sions of apb opinion no . 25 , 2018 2018accounting for stock statements . issued to employees , 2019 2019 in accounting for stock-based instruments 2013 the company , as is customary in the compensation ; therefore , no compensation expense has industry , consigns surgical instruments for use in been recognized for its fixed stock option plans as orthopaedic procedures with the company 2019s products . options are granted at fair market value . sfas no . 123 , the company 2019s accounting policy requires that the full 2018 2018accounting for stock-based compensation 2019 2019 provides an cost of instruments be recognized as an expense in the alternative method of accounting for stock options based year in which the instruments are placed in service . an on an option pricing model , such as black-scholes . the alternative to this method is to depreciate the cost of company has adopted the disclosure requirements of instruments over their useful lives . the company may sfas no . 123 and sfas no . 148 , 2018 2018accounting for stock- from time to time consider a change in accounting for based compensation-transition and disclosure . 2019 2019 informa- instruments to better align its accounting policy with tion regarding compensation expense under the alterna- certain company competitors . tive method is provided in notes to the consolidated financial statements . property , plant and equipment 2013 the company deter- mines estimated useful lives of property , plant and .
Question: what percentage of contractual obligations are due in less than 1 year?
| 0.86917 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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z i m m e r h o l d i n g s , i n c . a n d s u b s i d i a r i e s 2 0 0 2 f o r m 1 0 - k contractual obligations the company has entered into contracts with various third parties in the normal course of business which will require future payments . the following table illustrates the company 2019s contractual obligations : than 1 1 - 3 4 - 5 after 5 contractual obligations total year years years years . <table class='wikitable'><tr><td>1</td><td>contractual obligations</td><td>total</td><td>less than 1 year</td><td>1 - 3 years</td><td>4 - 5 years</td><td>after 5 years</td></tr><tr><td>2</td><td>short-term debt</td><td>$ 156.7</td><td>$ 156.7</td><td>$ 2013</td><td>$ 2013</td><td>$ 2013</td></tr><tr><td>3</td><td>operating leases</td><td>36.9</td><td>8.3</td><td>12.7</td><td>7.3</td><td>8.6</td></tr><tr><td>4</td><td>minimum purchase commitments</td><td>25.0</td><td>25.0</td><td>2013</td><td>2013</td><td>2013</td></tr><tr><td>5</td><td>total contractual obligations</td><td>$ 218.6</td><td>$ 190.0</td><td>$ 12.7</td><td>$ 7.3</td><td>$ 8.6</td></tr></table> critical accounting policies equipment based on historical patterns of use and physical and technological characteristics of assets , as the financial results of the company are affected by the appropriate . in accordance with statement of financial selection and application of accounting policies and methods . accounting standards ( 2018 2018sfas 2019 2019 ) no . 144 , 2018 2018accounting for significant accounting policies which , in some cases , require the impairment or disposal of long-lived assets , 2019 2019 the management 2019s judgment are discussed below . company reviews property , plant and equipment for revenue recognition 2013 a significant portion of the com- impairment whenever events or changes in circumstances pany 2019s revenue is recognized for field based product upon indicate that the carrying value of an asset may not be notification that the product has been implanted or used . recoverable . an impairment loss would be recognized for all other transactions , the company recognizes when estimated future cash flows relating to the asset revenue when title is passed to customers , generally are less than its carrying amount . upon shipment . estimated returns and allowances are derivative financial instruments 2013 critical aspects of recorded as a reduction of sales when the revenue is the company 2019s accounting policy for derivative financial recognized . instruments include conditions which require that critical inventories 2013 the company must determine as of each terms of a hedging instrument are essentially the same as balance sheet date how much , if any , of its inventory may a hedged forecasted transaction . another important ele- ultimately prove to be unsaleable or unsaleable at its ment of the policy requires that formal documentation be carrying cost . reserves are established to effectively maintained as required by the sfas no . 133 , 2018 2018accounting adjust any such inventory to net realizable value . to for derivative instruments and hedging activities . 2019 2019 fail- determine the appropriate level of reserves , the company ure to comply with these conditions would result in a evaluates current stock levels in relation to historical and requirement to recognize changes in market value of expected patterns of demand for all of its products . a hedge instruments in earnings as they occur . manage- series of algorithms is applied to the data to assist ment routinely monitors significant estimates , assump- management in its evaluation . management evaluates the tions and judgments associated with derivative need for changes to valuation reserves based on market instruments , and compliance with formal documentation conditions , competitive offerings and other factors on a requirements . regular basis . further information about inventory stock compensation 2013 the company applies the provi- reserves is provided in notes to the consolidated financial sions of apb opinion no . 25 , 2018 2018accounting for stock statements . issued to employees , 2019 2019 in accounting for stock-based instruments 2013 the company , as is customary in the compensation ; therefore , no compensation expense has industry , consigns surgical instruments for use in been recognized for its fixed stock option plans as orthopaedic procedures with the company 2019s products . options are granted at fair market value . sfas no . 123 , the company 2019s accounting policy requires that the full 2018 2018accounting for stock-based compensation 2019 2019 provides an cost of instruments be recognized as an expense in the alternative method of accounting for stock options based year in which the instruments are placed in service . an on an option pricing model , such as black-scholes . the alternative to this method is to depreciate the cost of company has adopted the disclosure requirements of instruments over their useful lives . the company may sfas no . 123 and sfas no . 148 , 2018 2018accounting for stock- from time to time consider a change in accounting for based compensation-transition and disclosure . 2019 2019 informa- instruments to better align its accounting policy with tion regarding compensation expense under the alterna- certain company competitors . tive method is provided in notes to the consolidated financial statements . property , plant and equipment 2013 the company deter- mines estimated useful lives of property , plant and .
Question: what percentage of contractual obligations are due in less than 1 year?
Answer: 0.86917
Question: and what percentage is comprised of short-term debt?
| 0.71683 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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2 0 0 8 a n n u a l r e p o r t stock performance graph the following graph sets forth the performance of our series a common , series b common stock , and series c common stock for the period september 18 , 2008 through december 31 , 2008 as compared with the performance of the standard and poor 2019s 500 index and a peer group index which consists of the walt disney company , time warner inc. , cbs corporation class b common stock , viacom , inc . class b common stock , news corporation class a common stock , and scripps network interactive , inc . the graph assumes $ 100 originally invested on september 18 , 2006 and that all subsequent dividends were reinvested in additional shares . september 18 , september 30 , december 31 , 2008 2008 2008 . <table class='wikitable'><tr><td>1</td><td>-</td><td>september 18 2008</td><td>september 30 2008</td><td>december 31 2008</td></tr><tr><td>2</td><td>disca</td><td>$ 100.00</td><td>$ 103.19</td><td>$ 102.53</td></tr><tr><td>3</td><td>discb</td><td>$ 100.00</td><td>$ 105.54</td><td>$ 78.53</td></tr><tr><td>4</td><td>disck</td><td>$ 100.00</td><td>$ 88.50</td><td>$ 83.69</td></tr><tr><td>5</td><td>s&p 500</td><td>$ 100.00</td><td>$ 96.54</td><td>$ 74.86</td></tr><tr><td>6</td><td>peer group</td><td>$ 100.00</td><td>$ 92.67</td><td>$ 68.79</td></tr></table> s&p 500 peer group .
Question: what is the change in value of an investment in disca from sep 18 to dec 31, 2008?
| 2.53 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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2 0 0 8 a n n u a l r e p o r t stock performance graph the following graph sets forth the performance of our series a common , series b common stock , and series c common stock for the period september 18 , 2008 through december 31 , 2008 as compared with the performance of the standard and poor 2019s 500 index and a peer group index which consists of the walt disney company , time warner inc. , cbs corporation class b common stock , viacom , inc . class b common stock , news corporation class a common stock , and scripps network interactive , inc . the graph assumes $ 100 originally invested on september 18 , 2006 and that all subsequent dividends were reinvested in additional shares . september 18 , september 30 , december 31 , 2008 2008 2008 . <table class='wikitable'><tr><td>1</td><td>-</td><td>september 18 2008</td><td>september 30 2008</td><td>december 31 2008</td></tr><tr><td>2</td><td>disca</td><td>$ 100.00</td><td>$ 103.19</td><td>$ 102.53</td></tr><tr><td>3</td><td>discb</td><td>$ 100.00</td><td>$ 105.54</td><td>$ 78.53</td></tr><tr><td>4</td><td>disck</td><td>$ 100.00</td><td>$ 88.50</td><td>$ 83.69</td></tr><tr><td>5</td><td>s&p 500</td><td>$ 100.00</td><td>$ 96.54</td><td>$ 74.86</td></tr><tr><td>6</td><td>peer group</td><td>$ 100.00</td><td>$ 92.67</td><td>$ 68.79</td></tr></table> s&p 500 peer group .
Question: what is the change in value of an investment in disca from sep 18 to dec 31, 2008?
Answer: 2.53
Question: what return does this represent?
| 0.0253 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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management 2019s discussion and analysis value of the company 2019s obligation relating to asbestos claims under the ppg settlement arrangement . the legal settlements net of insurance included aftertax charges of $ 80 million for the marvin legal settlement , net of insurance recoveries of $ 11 million , and $ 37 million for the impact of the federal glass class action antitrust legal settlement . results of reportable business segments net sales segment income ( millions ) 2006 2005 2006 2005 . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>net sales 2006</td><td>net sales 2005</td><td>net sales 2006</td><td>2005</td></tr><tr><td>2</td><td>industrial coatings</td><td>$ 3236</td><td>$ 2921</td><td>$ 349</td><td>$ 284</td></tr><tr><td>3</td><td>performance and applied coatings</td><td>3088</td><td>2668</td><td>514</td><td>464</td></tr><tr><td>4</td><td>optical and specialty materials</td><td>1001</td><td>867</td><td>223</td><td>158</td></tr><tr><td>5</td><td>commodity chemicals</td><td>1483</td><td>1531</td><td>285</td><td>313</td></tr><tr><td>6</td><td>glass</td><td>2229</td><td>2214</td><td>148</td><td>123</td></tr></table> industrial coatings sales increased $ 315 million or 11% ( 11 % ) in 2006 . sales increased 4% ( 4 % ) due to acquisitions , 4% ( 4 % ) due to increased volumes in the automotive , industrial and packaging coatings operating segments , 2% ( 2 % ) due to higher selling prices , particularly in the industrial and packaging coatings businesses and 1% ( 1 % ) due to the positive effects of foreign currency translation . segment income increased $ 65 million in 2006 . the increase in segment income was primarily due to the impact of increased sales volume , lower overhead and manufacturing costs , and the impact of acquisitions . segment income was reduced by the adverse impact of inflation , which was substantially offset by higher selling prices . performance and applied coatings sales increased $ 420 million or 16% ( 16 % ) in 2006 . sales increased 8% ( 8 % ) due to acquisitions , 4% ( 4 % ) due to higher selling prices in the refinish , aerospace and architectural coatings operating segments , 3% ( 3 % ) due to increased volumes in our aerospace and architectural coatings businesses and 1% ( 1 % ) due to the positive effects of foreign currency translation . segment income increased $ 50 million in 2006 . the increase in segment income was primarily due to the impact of increased sales volume and higher selling prices , which more than offset the impact of inflation . segment income was reduced by increased overhead costs to support growth in our architectural coatings business . optical and specialty materials sales increased $ 134 million or 15% ( 15 % ) in 2006 . sales increased 10% ( 10 % ) due to higher volumes , particularly in optical products and fine chemicals and 5% ( 5 % ) due to acquisitions in our optical products business . segment income increased $ 65 million in 2006 . the absence of the 2005 charge for an asset impairment in our fine chemicals business increased segment income by $ 27 million . the remaining $ 38 million increase in segment income was primarily due to increased volumes , lower manufacturing costs , and the absence of the 2005 hurricane costs of $ 3 million , net of 2006 insurance recoveries , which were only partially offset by increased overhead costs in our optical products business to support growth and the negative impact of inflation . commodity chemicals sales decreased $ 48 million or 3% ( 3 % ) in 2006 . sales decreased 4% ( 4 % ) due to lower chlor-alkali volumes and increased 1% ( 1 % ) due to higher selling prices . segment income decreased $ 28 million in 2006 . the year- over-year decline in segment income was due primarily to lower sales volumes and higher manufacturing costs associated with reduced production levels . the absence of the 2005 charges for direct costs related to hurricanes increased segment income by $ 29 million . the impact of higher selling prices ; lower inflation , primarily natural gas costs , and an insurance recovery of $ 10 million related to the 2005 hurricane losses also increased segment income in 2006 . our fourth-quarter chlor-alkali sales volumes and earnings were negatively impacted by production outages at several customers over the last two months of 2006 . it is uncertain when some of these customers will return to a normal level of production which may impact the sales and earnings of our chlor-alkali business in early 2007 . glass sales increased $ 15 million or 1% ( 1 % ) in 2006 . sales increased 1% ( 1 % ) due to improved volumes resulting from a combination of organic growth and an acquisition . a slight positive impact on sales due to foreign currency translation offset a slight decline in pricing . volumes increased in the performance glazings , automotive replacement glass and services and fiber glass businesses . automotive oem glass volume declined during 2006 . pricing was also up in performance glazings , but declined in the other glass businesses . segment income increased $ 25 million in 2006 . this increase in segment income was primarily the result of higher equity earnings from our asian fiber glass joint ventures , higher royalty income and lower manufacturing and natural gas costs , which more than offset the negative impacts of higher inflation , lower margin mix of sales and reduced selling prices . our fiber glass operating segment made progress during 2006 in achieving our multi-year plan to improve profitability and cash flow . a transformation of our supply chain , which includes production of a more focused product mix at each manufacturing plant , manufacturing cost reduction initiatives and improved equity earnings from our asian joint ventures are the primary focus and represent the critical success factors in this plan . during 2006 , our new joint venture in china started producing high labor content fiber glass reinforcement products , which will allow us to refocus our u.s . production capacity on higher margin , direct process products . the 2006 earnings improvement by our fiber glass operating segment accounted for the bulk of the 2006 improvement in the glass reportable business segment income . 20 2006 ppg annual report and form 10-k 4282_txt .
Question: what is the sum between the segment income increased by asset impairment in fine chemicals business and the optical and specialty materials segment income of 2005?
| 185.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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management 2019s discussion and analysis value of the company 2019s obligation relating to asbestos claims under the ppg settlement arrangement . the legal settlements net of insurance included aftertax charges of $ 80 million for the marvin legal settlement , net of insurance recoveries of $ 11 million , and $ 37 million for the impact of the federal glass class action antitrust legal settlement . results of reportable business segments net sales segment income ( millions ) 2006 2005 2006 2005 . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>net sales 2006</td><td>net sales 2005</td><td>net sales 2006</td><td>2005</td></tr><tr><td>2</td><td>industrial coatings</td><td>$ 3236</td><td>$ 2921</td><td>$ 349</td><td>$ 284</td></tr><tr><td>3</td><td>performance and applied coatings</td><td>3088</td><td>2668</td><td>514</td><td>464</td></tr><tr><td>4</td><td>optical and specialty materials</td><td>1001</td><td>867</td><td>223</td><td>158</td></tr><tr><td>5</td><td>commodity chemicals</td><td>1483</td><td>1531</td><td>285</td><td>313</td></tr><tr><td>6</td><td>glass</td><td>2229</td><td>2214</td><td>148</td><td>123</td></tr></table> industrial coatings sales increased $ 315 million or 11% ( 11 % ) in 2006 . sales increased 4% ( 4 % ) due to acquisitions , 4% ( 4 % ) due to increased volumes in the automotive , industrial and packaging coatings operating segments , 2% ( 2 % ) due to higher selling prices , particularly in the industrial and packaging coatings businesses and 1% ( 1 % ) due to the positive effects of foreign currency translation . segment income increased $ 65 million in 2006 . the increase in segment income was primarily due to the impact of increased sales volume , lower overhead and manufacturing costs , and the impact of acquisitions . segment income was reduced by the adverse impact of inflation , which was substantially offset by higher selling prices . performance and applied coatings sales increased $ 420 million or 16% ( 16 % ) in 2006 . sales increased 8% ( 8 % ) due to acquisitions , 4% ( 4 % ) due to higher selling prices in the refinish , aerospace and architectural coatings operating segments , 3% ( 3 % ) due to increased volumes in our aerospace and architectural coatings businesses and 1% ( 1 % ) due to the positive effects of foreign currency translation . segment income increased $ 50 million in 2006 . the increase in segment income was primarily due to the impact of increased sales volume and higher selling prices , which more than offset the impact of inflation . segment income was reduced by increased overhead costs to support growth in our architectural coatings business . optical and specialty materials sales increased $ 134 million or 15% ( 15 % ) in 2006 . sales increased 10% ( 10 % ) due to higher volumes , particularly in optical products and fine chemicals and 5% ( 5 % ) due to acquisitions in our optical products business . segment income increased $ 65 million in 2006 . the absence of the 2005 charge for an asset impairment in our fine chemicals business increased segment income by $ 27 million . the remaining $ 38 million increase in segment income was primarily due to increased volumes , lower manufacturing costs , and the absence of the 2005 hurricane costs of $ 3 million , net of 2006 insurance recoveries , which were only partially offset by increased overhead costs in our optical products business to support growth and the negative impact of inflation . commodity chemicals sales decreased $ 48 million or 3% ( 3 % ) in 2006 . sales decreased 4% ( 4 % ) due to lower chlor-alkali volumes and increased 1% ( 1 % ) due to higher selling prices . segment income decreased $ 28 million in 2006 . the year- over-year decline in segment income was due primarily to lower sales volumes and higher manufacturing costs associated with reduced production levels . the absence of the 2005 charges for direct costs related to hurricanes increased segment income by $ 29 million . the impact of higher selling prices ; lower inflation , primarily natural gas costs , and an insurance recovery of $ 10 million related to the 2005 hurricane losses also increased segment income in 2006 . our fourth-quarter chlor-alkali sales volumes and earnings were negatively impacted by production outages at several customers over the last two months of 2006 . it is uncertain when some of these customers will return to a normal level of production which may impact the sales and earnings of our chlor-alkali business in early 2007 . glass sales increased $ 15 million or 1% ( 1 % ) in 2006 . sales increased 1% ( 1 % ) due to improved volumes resulting from a combination of organic growth and an acquisition . a slight positive impact on sales due to foreign currency translation offset a slight decline in pricing . volumes increased in the performance glazings , automotive replacement glass and services and fiber glass businesses . automotive oem glass volume declined during 2006 . pricing was also up in performance glazings , but declined in the other glass businesses . segment income increased $ 25 million in 2006 . this increase in segment income was primarily the result of higher equity earnings from our asian fiber glass joint ventures , higher royalty income and lower manufacturing and natural gas costs , which more than offset the negative impacts of higher inflation , lower margin mix of sales and reduced selling prices . our fiber glass operating segment made progress during 2006 in achieving our multi-year plan to improve profitability and cash flow . a transformation of our supply chain , which includes production of a more focused product mix at each manufacturing plant , manufacturing cost reduction initiatives and improved equity earnings from our asian joint ventures are the primary focus and represent the critical success factors in this plan . during 2006 , our new joint venture in china started producing high labor content fiber glass reinforcement products , which will allow us to refocus our u.s . production capacity on higher margin , direct process products . the 2006 earnings improvement by our fiber glass operating segment accounted for the bulk of the 2006 improvement in the glass reportable business segment income . 20 2006 ppg annual report and form 10-k 4282_txt .
Question: what is the sum between the segment income increased by asset impairment in fine chemicals business and the optical and specialty materials segment income of 2005?
Answer: 185.0
Question: what is the segment income increased by asset impairment in fine chemicals business of 2005?
| 27.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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management 2019s discussion and analysis value of the company 2019s obligation relating to asbestos claims under the ppg settlement arrangement . the legal settlements net of insurance included aftertax charges of $ 80 million for the marvin legal settlement , net of insurance recoveries of $ 11 million , and $ 37 million for the impact of the federal glass class action antitrust legal settlement . results of reportable business segments net sales segment income ( millions ) 2006 2005 2006 2005 . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>net sales 2006</td><td>net sales 2005</td><td>net sales 2006</td><td>2005</td></tr><tr><td>2</td><td>industrial coatings</td><td>$ 3236</td><td>$ 2921</td><td>$ 349</td><td>$ 284</td></tr><tr><td>3</td><td>performance and applied coatings</td><td>3088</td><td>2668</td><td>514</td><td>464</td></tr><tr><td>4</td><td>optical and specialty materials</td><td>1001</td><td>867</td><td>223</td><td>158</td></tr><tr><td>5</td><td>commodity chemicals</td><td>1483</td><td>1531</td><td>285</td><td>313</td></tr><tr><td>6</td><td>glass</td><td>2229</td><td>2214</td><td>148</td><td>123</td></tr></table> industrial coatings sales increased $ 315 million or 11% ( 11 % ) in 2006 . sales increased 4% ( 4 % ) due to acquisitions , 4% ( 4 % ) due to increased volumes in the automotive , industrial and packaging coatings operating segments , 2% ( 2 % ) due to higher selling prices , particularly in the industrial and packaging coatings businesses and 1% ( 1 % ) due to the positive effects of foreign currency translation . segment income increased $ 65 million in 2006 . the increase in segment income was primarily due to the impact of increased sales volume , lower overhead and manufacturing costs , and the impact of acquisitions . segment income was reduced by the adverse impact of inflation , which was substantially offset by higher selling prices . performance and applied coatings sales increased $ 420 million or 16% ( 16 % ) in 2006 . sales increased 8% ( 8 % ) due to acquisitions , 4% ( 4 % ) due to higher selling prices in the refinish , aerospace and architectural coatings operating segments , 3% ( 3 % ) due to increased volumes in our aerospace and architectural coatings businesses and 1% ( 1 % ) due to the positive effects of foreign currency translation . segment income increased $ 50 million in 2006 . the increase in segment income was primarily due to the impact of increased sales volume and higher selling prices , which more than offset the impact of inflation . segment income was reduced by increased overhead costs to support growth in our architectural coatings business . optical and specialty materials sales increased $ 134 million or 15% ( 15 % ) in 2006 . sales increased 10% ( 10 % ) due to higher volumes , particularly in optical products and fine chemicals and 5% ( 5 % ) due to acquisitions in our optical products business . segment income increased $ 65 million in 2006 . the absence of the 2005 charge for an asset impairment in our fine chemicals business increased segment income by $ 27 million . the remaining $ 38 million increase in segment income was primarily due to increased volumes , lower manufacturing costs , and the absence of the 2005 hurricane costs of $ 3 million , net of 2006 insurance recoveries , which were only partially offset by increased overhead costs in our optical products business to support growth and the negative impact of inflation . commodity chemicals sales decreased $ 48 million or 3% ( 3 % ) in 2006 . sales decreased 4% ( 4 % ) due to lower chlor-alkali volumes and increased 1% ( 1 % ) due to higher selling prices . segment income decreased $ 28 million in 2006 . the year- over-year decline in segment income was due primarily to lower sales volumes and higher manufacturing costs associated with reduced production levels . the absence of the 2005 charges for direct costs related to hurricanes increased segment income by $ 29 million . the impact of higher selling prices ; lower inflation , primarily natural gas costs , and an insurance recovery of $ 10 million related to the 2005 hurricane losses also increased segment income in 2006 . our fourth-quarter chlor-alkali sales volumes and earnings were negatively impacted by production outages at several customers over the last two months of 2006 . it is uncertain when some of these customers will return to a normal level of production which may impact the sales and earnings of our chlor-alkali business in early 2007 . glass sales increased $ 15 million or 1% ( 1 % ) in 2006 . sales increased 1% ( 1 % ) due to improved volumes resulting from a combination of organic growth and an acquisition . a slight positive impact on sales due to foreign currency translation offset a slight decline in pricing . volumes increased in the performance glazings , automotive replacement glass and services and fiber glass businesses . automotive oem glass volume declined during 2006 . pricing was also up in performance glazings , but declined in the other glass businesses . segment income increased $ 25 million in 2006 . this increase in segment income was primarily the result of higher equity earnings from our asian fiber glass joint ventures , higher royalty income and lower manufacturing and natural gas costs , which more than offset the negative impacts of higher inflation , lower margin mix of sales and reduced selling prices . our fiber glass operating segment made progress during 2006 in achieving our multi-year plan to improve profitability and cash flow . a transformation of our supply chain , which includes production of a more focused product mix at each manufacturing plant , manufacturing cost reduction initiatives and improved equity earnings from our asian joint ventures are the primary focus and represent the critical success factors in this plan . during 2006 , our new joint venture in china started producing high labor content fiber glass reinforcement products , which will allow us to refocus our u.s . production capacity on higher margin , direct process products . the 2006 earnings improvement by our fiber glass operating segment accounted for the bulk of the 2006 improvement in the glass reportable business segment income . 20 2006 ppg annual report and form 10-k 4282_txt .
Question: what is the sum between the segment income increased by asset impairment in fine chemicals business and the optical and specialty materials segment income of 2005?
Answer: 185.0
Question: what is the segment income increased by asset impairment in fine chemicals business of 2005?
Answer: 27.0
Question: how much does that segment income increase represents in relation to that sum?
| 0.14595 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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facility continue to have a maturity date of october 2016 . in addition , the maturity date of the company's revolving credit facility was extended to october 2018 and the facility was increased to $ 900 million from $ 600 million . accordingly , the amended credit agreement consists of the term c-2 loan facility , the term c-3 loan facility and a $ 900 million revolving credit facility . net deferred financing costs are as follows : net deferred financing costs ( in $ millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>net deferred financing costs ( in $ millions )</td></tr><tr><td>2</td><td>as of december 31 2011</td><td>28</td></tr><tr><td>3</td><td>financing costs deferred ( 1 )</td><td>8</td></tr><tr><td>4</td><td>accelerated amortization due to refinancing activity ( 2 )</td><td>-1 ( 1 )</td></tr><tr><td>5</td><td>amortization</td><td>-5 ( 5 )</td></tr><tr><td>6</td><td>as of december 31 2012</td><td>30</td></tr><tr><td>7</td><td>financing costs deferred ( 3 )</td><td>2</td></tr><tr><td>8</td><td>accelerated amortization due to refinancing activity</td><td>2014</td></tr><tr><td>9</td><td>amortization</td><td>-5 ( 5 )</td></tr><tr><td>10</td><td>as of december 31 2013</td><td>27</td></tr><tr><td>11</td><td>financing costs deferred ( 4 )</td><td>10</td></tr><tr><td>12</td><td>accelerated amortization due to refinancing activity ( 5 )</td><td>-5 ( 5 )</td></tr><tr><td>13</td><td>amortization</td><td>-5 ( 5 )</td></tr><tr><td>14</td><td>as of december 31 2014</td><td>27</td></tr></table> ____________________________ ( 1 ) relates to the issuance of the 4.625% ( 4.625 % ) notes . ( 2 ) relates to the $ 400 million prepayment of the term c loan facility with proceeds from the 4.625% ( 4.625 % ) notes . ( 3 ) relates to the september 2013 amendment to the celanese us existing senior secured credit facilities to reduce the interest rates payable in connection with certain borrowings thereby creating the term c-2 loan facility due 2016 . ( 4 ) includes $ 6 million related to the issuance of the 3.250% ( 3.250 % ) notes and $ 4 million related to the september 24 , 2014 amendment to the celanese us existing senior secured credit facilities . ( 5 ) includes $ 4 million related to the 6.625% ( 6.625 % ) notes redemption and $ 1 million related to the term c-2 loan facility conversion . as of december 31 , 2014 , the margin for borrowings under the term c-2 loan facility was 2.0% ( 2.0 % ) above the euro interbank offered rate ( "euribor" ) and the margin for borrowings under the term c-3 loan facility was 2.25% ( 2.25 % ) above libor ( for us dollars ) and 2.25% ( 2.25 % ) above euribor ( for euros ) , as applicable . as of december 31 , 2014 , the margin for borrowings under the revolving credit facility was 1.5% ( 1.5 % ) above libor . the margin for borrowings under the revolving credit facility is subject to increase or decrease in certain circumstances based on changes in the corporate credit ratings of celanese or celanese us . term loan borrowings under the amended credit agreement are subject to amortization at 1% ( 1 % ) of the initial principal amount per annum , payable quarterly . in addition , the company pays quarterly commitment fees on the unused portion of the revolving credit facility of 0.25% ( 0.25 % ) per annum . the amended credit agreement is guaranteed by celanese and certain domestic subsidiaries of celanese us and is secured by a lien on substantially all assets of celanese us and such guarantors , subject to certain agreed exceptions ( including for certain real property and certain shares of foreign subsidiaries ) , pursuant to the guarantee and collateral agreement , dated april 2 , as a condition to borrowing funds or requesting letters of credit be issued under the revolving credit facility , the company's first lien senior secured leverage ratio ( as calculated as of the last day of the most recent fiscal quarter for which financial statements have been delivered under the revolving facility ) cannot exceed the threshold as specified below . further , the company's first lien senior secured leverage ratio must be maintained at or below that threshold while any amounts are outstanding under the revolving credit facility. .
Question: what was the quarterly commitment fee on the unused portion of the revolving credit facility?
| 2.25 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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facility continue to have a maturity date of october 2016 . in addition , the maturity date of the company's revolving credit facility was extended to october 2018 and the facility was increased to $ 900 million from $ 600 million . accordingly , the amended credit agreement consists of the term c-2 loan facility , the term c-3 loan facility and a $ 900 million revolving credit facility . net deferred financing costs are as follows : net deferred financing costs ( in $ millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>net deferred financing costs ( in $ millions )</td></tr><tr><td>2</td><td>as of december 31 2011</td><td>28</td></tr><tr><td>3</td><td>financing costs deferred ( 1 )</td><td>8</td></tr><tr><td>4</td><td>accelerated amortization due to refinancing activity ( 2 )</td><td>-1 ( 1 )</td></tr><tr><td>5</td><td>amortization</td><td>-5 ( 5 )</td></tr><tr><td>6</td><td>as of december 31 2012</td><td>30</td></tr><tr><td>7</td><td>financing costs deferred ( 3 )</td><td>2</td></tr><tr><td>8</td><td>accelerated amortization due to refinancing activity</td><td>2014</td></tr><tr><td>9</td><td>amortization</td><td>-5 ( 5 )</td></tr><tr><td>10</td><td>as of december 31 2013</td><td>27</td></tr><tr><td>11</td><td>financing costs deferred ( 4 )</td><td>10</td></tr><tr><td>12</td><td>accelerated amortization due to refinancing activity ( 5 )</td><td>-5 ( 5 )</td></tr><tr><td>13</td><td>amortization</td><td>-5 ( 5 )</td></tr><tr><td>14</td><td>as of december 31 2014</td><td>27</td></tr></table> ____________________________ ( 1 ) relates to the issuance of the 4.625% ( 4.625 % ) notes . ( 2 ) relates to the $ 400 million prepayment of the term c loan facility with proceeds from the 4.625% ( 4.625 % ) notes . ( 3 ) relates to the september 2013 amendment to the celanese us existing senior secured credit facilities to reduce the interest rates payable in connection with certain borrowings thereby creating the term c-2 loan facility due 2016 . ( 4 ) includes $ 6 million related to the issuance of the 3.250% ( 3.250 % ) notes and $ 4 million related to the september 24 , 2014 amendment to the celanese us existing senior secured credit facilities . ( 5 ) includes $ 4 million related to the 6.625% ( 6.625 % ) notes redemption and $ 1 million related to the term c-2 loan facility conversion . as of december 31 , 2014 , the margin for borrowings under the term c-2 loan facility was 2.0% ( 2.0 % ) above the euro interbank offered rate ( "euribor" ) and the margin for borrowings under the term c-3 loan facility was 2.25% ( 2.25 % ) above libor ( for us dollars ) and 2.25% ( 2.25 % ) above euribor ( for euros ) , as applicable . as of december 31 , 2014 , the margin for borrowings under the revolving credit facility was 1.5% ( 1.5 % ) above libor . the margin for borrowings under the revolving credit facility is subject to increase or decrease in certain circumstances based on changes in the corporate credit ratings of celanese or celanese us . term loan borrowings under the amended credit agreement are subject to amortization at 1% ( 1 % ) of the initial principal amount per annum , payable quarterly . in addition , the company pays quarterly commitment fees on the unused portion of the revolving credit facility of 0.25% ( 0.25 % ) per annum . the amended credit agreement is guaranteed by celanese and certain domestic subsidiaries of celanese us and is secured by a lien on substantially all assets of celanese us and such guarantors , subject to certain agreed exceptions ( including for certain real property and certain shares of foreign subsidiaries ) , pursuant to the guarantee and collateral agreement , dated april 2 , as a condition to borrowing funds or requesting letters of credit be issued under the revolving credit facility , the company's first lien senior secured leverage ratio ( as calculated as of the last day of the most recent fiscal quarter for which financial statements have been delivered under the revolving facility ) cannot exceed the threshold as specified below . further , the company's first lien senior secured leverage ratio must be maintained at or below that threshold while any amounts are outstanding under the revolving credit facility. .
Question: what was the quarterly commitment fee on the unused portion of the revolving credit facility?
Answer: 2.25
Question: and converted to the millions?
| 2250000.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) proved undeveloped reserves the following table presents the changes in devon 2019s total proved undeveloped reserves during 2015 ( mmboe ) . . <table class='wikitable'><tr><td>1</td><td>-</td><td>u.s .</td><td>canada</td><td>total</td></tr><tr><td>2</td><td>proved undeveloped reserves as of december 31 2014</td><td>305</td><td>384</td><td>689</td></tr><tr><td>3</td><td>extensions and discoveries</td><td>13</td><td>11</td><td>24</td></tr><tr><td>4</td><td>revisions due to prices</td><td>-115 ( 115 )</td><td>80</td><td>-35 ( 35 )</td></tr><tr><td>5</td><td>revisions other than price</td><td>-40 ( 40 )</td><td>-80 ( 80 )</td><td>-120 ( 120 )</td></tr><tr><td>6</td><td>conversion to proved developed reserves</td><td>-88 ( 88 )</td><td>-94 ( 94 )</td><td>-182 ( 182 )</td></tr><tr><td>7</td><td>proved undeveloped reserves as of december 31 2015</td><td>75</td><td>301</td><td>376</td></tr></table> proved undeveloped reserves decreased 45% ( 45 % ) from year-end 2014 to year-end 2015 , and the year-end 2015 balance represents 17% ( 17 % ) of total proved reserves . drilling and development activities increased devon 2019s proved undeveloped reserves 24 mmboe and resulted in the conversion of 182 mmboe , or 26% ( 26 % ) , of the 2014 proved undeveloped reserves to proved developed reserves . costs incurred to develop and convert devon 2019s proved undeveloped reserves were approximately $ 2.2 billion for 2015 . additionally , revisions other than price decreased devon 2019s proved undeveloped reserves 120 mmboe primarily due to evaluations of certain properties in the u.s . and canada . the largest revisions , which reduced reserves by 80 mmboe , relate to evaluations of jackfish bitumen reserves . of the 40 mmboe revisions recorded for u.s . properties , a reduction of approximately 27 mmboe represents reserves that devon now does not expect to develop in the next five years , including 20 mmboe attributable to the eagle ford . a significant amount of devon 2019s proved undeveloped reserves at the end of 2015 related to its jackfish operations . at december 31 , 2015 and 2014 , devon 2019s jackfish proved undeveloped reserves were 301 mmboe and 384 mmboe , respectively . development schedules for the jackfish reserves are primarily controlled by the need to keep the processing plants at their 35 mbbl daily facility capacity . processing plant capacity is controlled by factors such as total steam processing capacity and steam-oil ratios . furthermore , development of these projects involves the up-front construction of steam injection/distribution and bitumen processing facilities . due to the large up-front capital investments and large reserves required to provide economic returns , the project conditions meet the specific circumstances requiring a period greater than 5 years for conversion to developed reserves . as a result , these reserves are classified as proved undeveloped for more than five years . currently , the development schedule for these reserves extends through to 2030 . at the end of 2015 , approximately 184 mmboe of proved undeveloped reserves at jackfish have remained undeveloped for five years or more since the initial booking . no other projects have proved undeveloped reserves that have remained undeveloped more than five years from the initial booking of the reserves . furthermore , approximately 180 mmboe of proved undeveloped reserves at jackfish will require in excess of five years , from the date of this filing , to develop . price revisions 2015 2013 reserves decreased 302 mmboe primarily due to lower commodity prices across all products . the lower bitumen price increased canadian reserves due to the decline in royalties , which increases devon 2019s after- royalty volumes . 2014 2013 reserves increased 9 mmboe primarily due to higher gas prices in the barnett shale and the anadarko basin , partially offset by higher bitumen prices , which result in lower after-royalty volumes , in canada. .
Question: what is 100 divided by the percent of reserve conversions?
| 3.84615 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) proved undeveloped reserves the following table presents the changes in devon 2019s total proved undeveloped reserves during 2015 ( mmboe ) . . <table class='wikitable'><tr><td>1</td><td>-</td><td>u.s .</td><td>canada</td><td>total</td></tr><tr><td>2</td><td>proved undeveloped reserves as of december 31 2014</td><td>305</td><td>384</td><td>689</td></tr><tr><td>3</td><td>extensions and discoveries</td><td>13</td><td>11</td><td>24</td></tr><tr><td>4</td><td>revisions due to prices</td><td>-115 ( 115 )</td><td>80</td><td>-35 ( 35 )</td></tr><tr><td>5</td><td>revisions other than price</td><td>-40 ( 40 )</td><td>-80 ( 80 )</td><td>-120 ( 120 )</td></tr><tr><td>6</td><td>conversion to proved developed reserves</td><td>-88 ( 88 )</td><td>-94 ( 94 )</td><td>-182 ( 182 )</td></tr><tr><td>7</td><td>proved undeveloped reserves as of december 31 2015</td><td>75</td><td>301</td><td>376</td></tr></table> proved undeveloped reserves decreased 45% ( 45 % ) from year-end 2014 to year-end 2015 , and the year-end 2015 balance represents 17% ( 17 % ) of total proved reserves . drilling and development activities increased devon 2019s proved undeveloped reserves 24 mmboe and resulted in the conversion of 182 mmboe , or 26% ( 26 % ) , of the 2014 proved undeveloped reserves to proved developed reserves . costs incurred to develop and convert devon 2019s proved undeveloped reserves were approximately $ 2.2 billion for 2015 . additionally , revisions other than price decreased devon 2019s proved undeveloped reserves 120 mmboe primarily due to evaluations of certain properties in the u.s . and canada . the largest revisions , which reduced reserves by 80 mmboe , relate to evaluations of jackfish bitumen reserves . of the 40 mmboe revisions recorded for u.s . properties , a reduction of approximately 27 mmboe represents reserves that devon now does not expect to develop in the next five years , including 20 mmboe attributable to the eagle ford . a significant amount of devon 2019s proved undeveloped reserves at the end of 2015 related to its jackfish operations . at december 31 , 2015 and 2014 , devon 2019s jackfish proved undeveloped reserves were 301 mmboe and 384 mmboe , respectively . development schedules for the jackfish reserves are primarily controlled by the need to keep the processing plants at their 35 mbbl daily facility capacity . processing plant capacity is controlled by factors such as total steam processing capacity and steam-oil ratios . furthermore , development of these projects involves the up-front construction of steam injection/distribution and bitumen processing facilities . due to the large up-front capital investments and large reserves required to provide economic returns , the project conditions meet the specific circumstances requiring a period greater than 5 years for conversion to developed reserves . as a result , these reserves are classified as proved undeveloped for more than five years . currently , the development schedule for these reserves extends through to 2030 . at the end of 2015 , approximately 184 mmboe of proved undeveloped reserves at jackfish have remained undeveloped for five years or more since the initial booking . no other projects have proved undeveloped reserves that have remained undeveloped more than five years from the initial booking of the reserves . furthermore , approximately 180 mmboe of proved undeveloped reserves at jackfish will require in excess of five years , from the date of this filing , to develop . price revisions 2015 2013 reserves decreased 302 mmboe primarily due to lower commodity prices across all products . the lower bitumen price increased canadian reserves due to the decline in royalties , which increases devon 2019s after- royalty volumes . 2014 2013 reserves increased 9 mmboe primarily due to higher gas prices in the barnett shale and the anadarko basin , partially offset by higher bitumen prices , which result in lower after-royalty volumes , in canada. .
Question: what is 100 divided by the percent of reserve conversions?
Answer: 3.84615
Question: what was the number of mmboe?
| 182.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) proved undeveloped reserves the following table presents the changes in devon 2019s total proved undeveloped reserves during 2015 ( mmboe ) . . <table class='wikitable'><tr><td>1</td><td>-</td><td>u.s .</td><td>canada</td><td>total</td></tr><tr><td>2</td><td>proved undeveloped reserves as of december 31 2014</td><td>305</td><td>384</td><td>689</td></tr><tr><td>3</td><td>extensions and discoveries</td><td>13</td><td>11</td><td>24</td></tr><tr><td>4</td><td>revisions due to prices</td><td>-115 ( 115 )</td><td>80</td><td>-35 ( 35 )</td></tr><tr><td>5</td><td>revisions other than price</td><td>-40 ( 40 )</td><td>-80 ( 80 )</td><td>-120 ( 120 )</td></tr><tr><td>6</td><td>conversion to proved developed reserves</td><td>-88 ( 88 )</td><td>-94 ( 94 )</td><td>-182 ( 182 )</td></tr><tr><td>7</td><td>proved undeveloped reserves as of december 31 2015</td><td>75</td><td>301</td><td>376</td></tr></table> proved undeveloped reserves decreased 45% ( 45 % ) from year-end 2014 to year-end 2015 , and the year-end 2015 balance represents 17% ( 17 % ) of total proved reserves . drilling and development activities increased devon 2019s proved undeveloped reserves 24 mmboe and resulted in the conversion of 182 mmboe , or 26% ( 26 % ) , of the 2014 proved undeveloped reserves to proved developed reserves . costs incurred to develop and convert devon 2019s proved undeveloped reserves were approximately $ 2.2 billion for 2015 . additionally , revisions other than price decreased devon 2019s proved undeveloped reserves 120 mmboe primarily due to evaluations of certain properties in the u.s . and canada . the largest revisions , which reduced reserves by 80 mmboe , relate to evaluations of jackfish bitumen reserves . of the 40 mmboe revisions recorded for u.s . properties , a reduction of approximately 27 mmboe represents reserves that devon now does not expect to develop in the next five years , including 20 mmboe attributable to the eagle ford . a significant amount of devon 2019s proved undeveloped reserves at the end of 2015 related to its jackfish operations . at december 31 , 2015 and 2014 , devon 2019s jackfish proved undeveloped reserves were 301 mmboe and 384 mmboe , respectively . development schedules for the jackfish reserves are primarily controlled by the need to keep the processing plants at their 35 mbbl daily facility capacity . processing plant capacity is controlled by factors such as total steam processing capacity and steam-oil ratios . furthermore , development of these projects involves the up-front construction of steam injection/distribution and bitumen processing facilities . due to the large up-front capital investments and large reserves required to provide economic returns , the project conditions meet the specific circumstances requiring a period greater than 5 years for conversion to developed reserves . as a result , these reserves are classified as proved undeveloped for more than five years . currently , the development schedule for these reserves extends through to 2030 . at the end of 2015 , approximately 184 mmboe of proved undeveloped reserves at jackfish have remained undeveloped for five years or more since the initial booking . no other projects have proved undeveloped reserves that have remained undeveloped more than five years from the initial booking of the reserves . furthermore , approximately 180 mmboe of proved undeveloped reserves at jackfish will require in excess of five years , from the date of this filing , to develop . price revisions 2015 2013 reserves decreased 302 mmboe primarily due to lower commodity prices across all products . the lower bitumen price increased canadian reserves due to the decline in royalties , which increases devon 2019s after- royalty volumes . 2014 2013 reserves increased 9 mmboe primarily due to higher gas prices in the barnett shale and the anadarko basin , partially offset by higher bitumen prices , which result in lower after-royalty volumes , in canada. .
Question: what is 100 divided by the percent of reserve conversions?
Answer: 3.84615
Question: what was the number of mmboe?
Answer: 182.0
Question: what is the former quotient by the number of mmboe?
| 700.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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financial statement impact we believe that our accruals for sales returns , rebates , and discounts are reasonable and appropriate based on current facts and circumstances . our global rebate and discount liabilities are included in sales rebates and discounts on our consolidated balance sheet . our global sales return liability is included in other current liabilities and other noncurrent liabilities on our consolidated balance sheet . as of december 31 , 2018 , a 5 percent change in our global sales return , rebate , and discount liability would have led to an approximate $ 275 million effect on our income before income taxes . the portion of our global sales return , rebate , and discount liability resulting from sales of our products in the u.s . was approximately 90 percent as of december 31 , 2018 and december 31 , 2017 . the following represents a roll-forward of our most significant u.s . pharmaceutical sales return , rebate , and discount liability balances , including managed care , medicare , and medicaid: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>sales return rebate and discount liabilities beginning of year</td><td>$ 4172.0</td><td>$ 3601.8</td></tr><tr><td>3</td><td>reduction of net sales due to sales returns discounts and rebates ( 1 )</td><td>12529.6</td><td>10603.4</td></tr><tr><td>4</td><td>cash payments of discounts and rebates</td><td>-12023.4 ( 12023.4 )</td><td>-10033.2 ( 10033.2 )</td></tr><tr><td>5</td><td>sales return rebate and discount liabilities end of year</td><td>$ 4678.2</td><td>$ 4172.0</td></tr></table> ( 1 ) adjustments of the estimates for these returns , rebates , and discounts to actual results were approximately 1 percent of consolidated net sales for each of the years presented . product litigation liabilities and other contingencies background and uncertainties product litigation liabilities and other contingencies are , by their nature , uncertain and based upon complex judgments and probabilities . the factors we consider in developing our product litigation liability reserves and other contingent liability amounts include the merits and jurisdiction of the litigation , the nature and the number of other similar current and past matters , the nature of the product and the current assessment of the science subject to the litigation , and the likelihood of settlement and current state of settlement discussions , if any . in addition , we accrue for certain product liability claims incurred , but not filed , to the extent we can formulate a reasonable estimate of their costs based primarily on historical claims experience and data regarding product usage . we accrue legal defense costs expected to be incurred in connection with significant product liability contingencies when both probable and reasonably estimable . we also consider the insurance coverage we have to diminish the exposure for periods covered by insurance . in assessing our insurance coverage , we consider the policy coverage limits and exclusions , the potential for denial of coverage by the insurance company , the financial condition of the insurers , and the possibility of and length of time for collection . due to a very restrictive market for product liability insurance , we are self-insured for product liability losses for all our currently marketed products . in addition to insurance coverage , we also consider any third-party indemnification to which we are entitled or under which we are obligated . with respect to our third-party indemnification rights , these considerations include the nature of the indemnification , the financial condition of the indemnifying party , and the possibility of and length of time for collection . the litigation accruals and environmental liabilities and the related estimated insurance recoverables have been reflected on a gross basis as liabilities and assets , respectively , on our consolidated balance sheets . impairment of indefinite-lived and long-lived assets background and uncertainties we review the carrying value of long-lived assets ( both intangible and tangible ) for potential impairment on a periodic basis and whenever events or changes in circumstances indicate the carrying value of an asset ( or asset group ) may not be recoverable . we identify impairment by comparing the projected undiscounted cash flows to be generated by the asset ( or asset group ) to its carrying value . if an impairment is identified , a loss is recorded equal to the excess of the asset 2019s net book value over its fair value , and the cost basis is adjusted . goodwill and indefinite-lived intangible assets are reviewed for impairment at least annually and when certain impairment indicators are present . when required , a comparison of fair value to the carrying amount of assets is performed to determine the amount of any impairment. .
Question: what was the change in the total of u.s . pharmaceutical sales return, rebate, and discount liability balances, including managed care, medicare, and medicaid from 2017 to 2018?
| 506.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
financial statement impact we believe that our accruals for sales returns , rebates , and discounts are reasonable and appropriate based on current facts and circumstances . our global rebate and discount liabilities are included in sales rebates and discounts on our consolidated balance sheet . our global sales return liability is included in other current liabilities and other noncurrent liabilities on our consolidated balance sheet . as of december 31 , 2018 , a 5 percent change in our global sales return , rebate , and discount liability would have led to an approximate $ 275 million effect on our income before income taxes . the portion of our global sales return , rebate , and discount liability resulting from sales of our products in the u.s . was approximately 90 percent as of december 31 , 2018 and december 31 , 2017 . the following represents a roll-forward of our most significant u.s . pharmaceutical sales return , rebate , and discount liability balances , including managed care , medicare , and medicaid: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>sales return rebate and discount liabilities beginning of year</td><td>$ 4172.0</td><td>$ 3601.8</td></tr><tr><td>3</td><td>reduction of net sales due to sales returns discounts and rebates ( 1 )</td><td>12529.6</td><td>10603.4</td></tr><tr><td>4</td><td>cash payments of discounts and rebates</td><td>-12023.4 ( 12023.4 )</td><td>-10033.2 ( 10033.2 )</td></tr><tr><td>5</td><td>sales return rebate and discount liabilities end of year</td><td>$ 4678.2</td><td>$ 4172.0</td></tr></table> ( 1 ) adjustments of the estimates for these returns , rebates , and discounts to actual results were approximately 1 percent of consolidated net sales for each of the years presented . product litigation liabilities and other contingencies background and uncertainties product litigation liabilities and other contingencies are , by their nature , uncertain and based upon complex judgments and probabilities . the factors we consider in developing our product litigation liability reserves and other contingent liability amounts include the merits and jurisdiction of the litigation , the nature and the number of other similar current and past matters , the nature of the product and the current assessment of the science subject to the litigation , and the likelihood of settlement and current state of settlement discussions , if any . in addition , we accrue for certain product liability claims incurred , but not filed , to the extent we can formulate a reasonable estimate of their costs based primarily on historical claims experience and data regarding product usage . we accrue legal defense costs expected to be incurred in connection with significant product liability contingencies when both probable and reasonably estimable . we also consider the insurance coverage we have to diminish the exposure for periods covered by insurance . in assessing our insurance coverage , we consider the policy coverage limits and exclusions , the potential for denial of coverage by the insurance company , the financial condition of the insurers , and the possibility of and length of time for collection . due to a very restrictive market for product liability insurance , we are self-insured for product liability losses for all our currently marketed products . in addition to insurance coverage , we also consider any third-party indemnification to which we are entitled or under which we are obligated . with respect to our third-party indemnification rights , these considerations include the nature of the indemnification , the financial condition of the indemnifying party , and the possibility of and length of time for collection . the litigation accruals and environmental liabilities and the related estimated insurance recoverables have been reflected on a gross basis as liabilities and assets , respectively , on our consolidated balance sheets . impairment of indefinite-lived and long-lived assets background and uncertainties we review the carrying value of long-lived assets ( both intangible and tangible ) for potential impairment on a periodic basis and whenever events or changes in circumstances indicate the carrying value of an asset ( or asset group ) may not be recoverable . we identify impairment by comparing the projected undiscounted cash flows to be generated by the asset ( or asset group ) to its carrying value . if an impairment is identified , a loss is recorded equal to the excess of the asset 2019s net book value over its fair value , and the cost basis is adjusted . goodwill and indefinite-lived intangible assets are reviewed for impairment at least annually and when certain impairment indicators are present . when required , a comparison of fair value to the carrying amount of assets is performed to determine the amount of any impairment. .
Question: what was the change in the total of u.s . pharmaceutical sales return, rebate, and discount liability balances, including managed care, medicare, and medicaid from 2017 to 2018?
Answer: 506.2
Question: and what is this change as a percentage of that total in 2017?
| 0.12133 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
financial statement impact we believe that our accruals for sales returns , rebates , and discounts are reasonable and appropriate based on current facts and circumstances . our global rebate and discount liabilities are included in sales rebates and discounts on our consolidated balance sheet . our global sales return liability is included in other current liabilities and other noncurrent liabilities on our consolidated balance sheet . as of december 31 , 2018 , a 5 percent change in our global sales return , rebate , and discount liability would have led to an approximate $ 275 million effect on our income before income taxes . the portion of our global sales return , rebate , and discount liability resulting from sales of our products in the u.s . was approximately 90 percent as of december 31 , 2018 and december 31 , 2017 . the following represents a roll-forward of our most significant u.s . pharmaceutical sales return , rebate , and discount liability balances , including managed care , medicare , and medicaid: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>sales return rebate and discount liabilities beginning of year</td><td>$ 4172.0</td><td>$ 3601.8</td></tr><tr><td>3</td><td>reduction of net sales due to sales returns discounts and rebates ( 1 )</td><td>12529.6</td><td>10603.4</td></tr><tr><td>4</td><td>cash payments of discounts and rebates</td><td>-12023.4 ( 12023.4 )</td><td>-10033.2 ( 10033.2 )</td></tr><tr><td>5</td><td>sales return rebate and discount liabilities end of year</td><td>$ 4678.2</td><td>$ 4172.0</td></tr></table> ( 1 ) adjustments of the estimates for these returns , rebates , and discounts to actual results were approximately 1 percent of consolidated net sales for each of the years presented . product litigation liabilities and other contingencies background and uncertainties product litigation liabilities and other contingencies are , by their nature , uncertain and based upon complex judgments and probabilities . the factors we consider in developing our product litigation liability reserves and other contingent liability amounts include the merits and jurisdiction of the litigation , the nature and the number of other similar current and past matters , the nature of the product and the current assessment of the science subject to the litigation , and the likelihood of settlement and current state of settlement discussions , if any . in addition , we accrue for certain product liability claims incurred , but not filed , to the extent we can formulate a reasonable estimate of their costs based primarily on historical claims experience and data regarding product usage . we accrue legal defense costs expected to be incurred in connection with significant product liability contingencies when both probable and reasonably estimable . we also consider the insurance coverage we have to diminish the exposure for periods covered by insurance . in assessing our insurance coverage , we consider the policy coverage limits and exclusions , the potential for denial of coverage by the insurance company , the financial condition of the insurers , and the possibility of and length of time for collection . due to a very restrictive market for product liability insurance , we are self-insured for product liability losses for all our currently marketed products . in addition to insurance coverage , we also consider any third-party indemnification to which we are entitled or under which we are obligated . with respect to our third-party indemnification rights , these considerations include the nature of the indemnification , the financial condition of the indemnifying party , and the possibility of and length of time for collection . the litigation accruals and environmental liabilities and the related estimated insurance recoverables have been reflected on a gross basis as liabilities and assets , respectively , on our consolidated balance sheets . impairment of indefinite-lived and long-lived assets background and uncertainties we review the carrying value of long-lived assets ( both intangible and tangible ) for potential impairment on a periodic basis and whenever events or changes in circumstances indicate the carrying value of an asset ( or asset group ) may not be recoverable . we identify impairment by comparing the projected undiscounted cash flows to be generated by the asset ( or asset group ) to its carrying value . if an impairment is identified , a loss is recorded equal to the excess of the asset 2019s net book value over its fair value , and the cost basis is adjusted . goodwill and indefinite-lived intangible assets are reviewed for impairment at least annually and when certain impairment indicators are present . when required , a comparison of fair value to the carrying amount of assets is performed to determine the amount of any impairment. .
Question: what was the change in the total of u.s . pharmaceutical sales return, rebate, and discount liability balances, including managed care, medicare, and medicaid from 2017 to 2018?
Answer: 506.2
Question: and what is this change as a percentage of that total in 2017?
Answer: 0.12133
Question: in that same period, what was the variation in the reduction of net sales due to sales returns discounts and rebates?
| 1926.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
financial statement impact we believe that our accruals for sales returns , rebates , and discounts are reasonable and appropriate based on current facts and circumstances . our global rebate and discount liabilities are included in sales rebates and discounts on our consolidated balance sheet . our global sales return liability is included in other current liabilities and other noncurrent liabilities on our consolidated balance sheet . as of december 31 , 2018 , a 5 percent change in our global sales return , rebate , and discount liability would have led to an approximate $ 275 million effect on our income before income taxes . the portion of our global sales return , rebate , and discount liability resulting from sales of our products in the u.s . was approximately 90 percent as of december 31 , 2018 and december 31 , 2017 . the following represents a roll-forward of our most significant u.s . pharmaceutical sales return , rebate , and discount liability balances , including managed care , medicare , and medicaid: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>sales return rebate and discount liabilities beginning of year</td><td>$ 4172.0</td><td>$ 3601.8</td></tr><tr><td>3</td><td>reduction of net sales due to sales returns discounts and rebates ( 1 )</td><td>12529.6</td><td>10603.4</td></tr><tr><td>4</td><td>cash payments of discounts and rebates</td><td>-12023.4 ( 12023.4 )</td><td>-10033.2 ( 10033.2 )</td></tr><tr><td>5</td><td>sales return rebate and discount liabilities end of year</td><td>$ 4678.2</td><td>$ 4172.0</td></tr></table> ( 1 ) adjustments of the estimates for these returns , rebates , and discounts to actual results were approximately 1 percent of consolidated net sales for each of the years presented . product litigation liabilities and other contingencies background and uncertainties product litigation liabilities and other contingencies are , by their nature , uncertain and based upon complex judgments and probabilities . the factors we consider in developing our product litigation liability reserves and other contingent liability amounts include the merits and jurisdiction of the litigation , the nature and the number of other similar current and past matters , the nature of the product and the current assessment of the science subject to the litigation , and the likelihood of settlement and current state of settlement discussions , if any . in addition , we accrue for certain product liability claims incurred , but not filed , to the extent we can formulate a reasonable estimate of their costs based primarily on historical claims experience and data regarding product usage . we accrue legal defense costs expected to be incurred in connection with significant product liability contingencies when both probable and reasonably estimable . we also consider the insurance coverage we have to diminish the exposure for periods covered by insurance . in assessing our insurance coverage , we consider the policy coverage limits and exclusions , the potential for denial of coverage by the insurance company , the financial condition of the insurers , and the possibility of and length of time for collection . due to a very restrictive market for product liability insurance , we are self-insured for product liability losses for all our currently marketed products . in addition to insurance coverage , we also consider any third-party indemnification to which we are entitled or under which we are obligated . with respect to our third-party indemnification rights , these considerations include the nature of the indemnification , the financial condition of the indemnifying party , and the possibility of and length of time for collection . the litigation accruals and environmental liabilities and the related estimated insurance recoverables have been reflected on a gross basis as liabilities and assets , respectively , on our consolidated balance sheets . impairment of indefinite-lived and long-lived assets background and uncertainties we review the carrying value of long-lived assets ( both intangible and tangible ) for potential impairment on a periodic basis and whenever events or changes in circumstances indicate the carrying value of an asset ( or asset group ) may not be recoverable . we identify impairment by comparing the projected undiscounted cash flows to be generated by the asset ( or asset group ) to its carrying value . if an impairment is identified , a loss is recorded equal to the excess of the asset 2019s net book value over its fair value , and the cost basis is adjusted . goodwill and indefinite-lived intangible assets are reviewed for impairment at least annually and when certain impairment indicators are present . when required , a comparison of fair value to the carrying amount of assets is performed to determine the amount of any impairment. .
Question: what was the change in the total of u.s . pharmaceutical sales return, rebate, and discount liability balances, including managed care, medicare, and medicaid from 2017 to 2018?
Answer: 506.2
Question: and what is this change as a percentage of that total in 2017?
Answer: 0.12133
Question: in that same period, what was the variation in the reduction of net sales due to sales returns discounts and rebates?
Answer: 1926.2
Question: and what percentage did this variation represent in relation to that reduction in 2017?
| 0.18166 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
december 18 , 2007 , we issued an additional 23182197 shares of common stock to citadel . the issuances were exempt from registration pursuant to section 4 ( 2 ) of the securities act of 1933 , and each purchaser has represented to us that it is an 201caccredited investor 201d as defined in regulation d promulgated under the securities act of 1933 , and that the common stock was being acquired for investment . we did not engage in a general solicitation or advertising with regard to the issuances of the common stock and have not offered securities to the public in connection with the issuances . see item 1 . business 2014citadel investment . performance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor 2019s ( 201cs&p 201d ) 500 and the s&p super cap diversified financials during the period from december 31 , 2002 through december 31 , 2007. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/02</td><td>12/03</td><td>12/04</td><td>12/05</td><td>12/06</td><td>12/07</td></tr><tr><td>2</td><td>e*trade financial corporation</td><td>100.00</td><td>260.29</td><td>307.61</td><td>429.22</td><td>461.32</td><td>73.05</td></tr><tr><td>3</td><td>s&p 500</td><td>100.00</td><td>128.68</td><td>142.69</td><td>149.70</td><td>173.34</td><td>182.87</td></tr><tr><td>4</td><td>s&p super cap diversified financials</td><td>100.00</td><td>139.29</td><td>156.28</td><td>170.89</td><td>211.13</td><td>176.62</td></tr></table> 2022 $ 100 invested on 12/31/02 in stock or index-including reinvestment of dividends . fiscal year ending december 31 . 2022 copyright a9 2008 , standard & poor 2019s , a division of the mcgraw-hill companies , inc . all rights reserved . www.researchdatagroup.com/s&p.htm .
Question: what was the value of e*trade financial corp as of 12/07?
| 73.05 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
december 18 , 2007 , we issued an additional 23182197 shares of common stock to citadel . the issuances were exempt from registration pursuant to section 4 ( 2 ) of the securities act of 1933 , and each purchaser has represented to us that it is an 201caccredited investor 201d as defined in regulation d promulgated under the securities act of 1933 , and that the common stock was being acquired for investment . we did not engage in a general solicitation or advertising with regard to the issuances of the common stock and have not offered securities to the public in connection with the issuances . see item 1 . business 2014citadel investment . performance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor 2019s ( 201cs&p 201d ) 500 and the s&p super cap diversified financials during the period from december 31 , 2002 through december 31 , 2007. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/02</td><td>12/03</td><td>12/04</td><td>12/05</td><td>12/06</td><td>12/07</td></tr><tr><td>2</td><td>e*trade financial corporation</td><td>100.00</td><td>260.29</td><td>307.61</td><td>429.22</td><td>461.32</td><td>73.05</td></tr><tr><td>3</td><td>s&p 500</td><td>100.00</td><td>128.68</td><td>142.69</td><td>149.70</td><td>173.34</td><td>182.87</td></tr><tr><td>4</td><td>s&p super cap diversified financials</td><td>100.00</td><td>139.29</td><td>156.28</td><td>170.89</td><td>211.13</td><td>176.62</td></tr></table> 2022 $ 100 invested on 12/31/02 in stock or index-including reinvestment of dividends . fiscal year ending december 31 . 2022 copyright a9 2008 , standard & poor 2019s , a division of the mcgraw-hill companies , inc . all rights reserved . www.researchdatagroup.com/s&p.htm .
Question: what was the value of e*trade financial corp as of 12/07?
Answer: 73.05
Question: what is the value less a $100 initial investment?
| -26.95 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
december 18 , 2007 , we issued an additional 23182197 shares of common stock to citadel . the issuances were exempt from registration pursuant to section 4 ( 2 ) of the securities act of 1933 , and each purchaser has represented to us that it is an 201caccredited investor 201d as defined in regulation d promulgated under the securities act of 1933 , and that the common stock was being acquired for investment . we did not engage in a general solicitation or advertising with regard to the issuances of the common stock and have not offered securities to the public in connection with the issuances . see item 1 . business 2014citadel investment . performance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor 2019s ( 201cs&p 201d ) 500 and the s&p super cap diversified financials during the period from december 31 , 2002 through december 31 , 2007. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/02</td><td>12/03</td><td>12/04</td><td>12/05</td><td>12/06</td><td>12/07</td></tr><tr><td>2</td><td>e*trade financial corporation</td><td>100.00</td><td>260.29</td><td>307.61</td><td>429.22</td><td>461.32</td><td>73.05</td></tr><tr><td>3</td><td>s&p 500</td><td>100.00</td><td>128.68</td><td>142.69</td><td>149.70</td><td>173.34</td><td>182.87</td></tr><tr><td>4</td><td>s&p super cap diversified financials</td><td>100.00</td><td>139.29</td><td>156.28</td><td>170.89</td><td>211.13</td><td>176.62</td></tr></table> 2022 $ 100 invested on 12/31/02 in stock or index-including reinvestment of dividends . fiscal year ending december 31 . 2022 copyright a9 2008 , standard & poor 2019s , a division of the mcgraw-hill companies , inc . all rights reserved . www.researchdatagroup.com/s&p.htm .
Question: what was the value of e*trade financial corp as of 12/07?
Answer: 73.05
Question: what is the value less a $100 initial investment?
Answer: -26.95
Question: what is the percent change?
| -0.2695 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
december 18 , 2007 , we issued an additional 23182197 shares of common stock to citadel . the issuances were exempt from registration pursuant to section 4 ( 2 ) of the securities act of 1933 , and each purchaser has represented to us that it is an 201caccredited investor 201d as defined in regulation d promulgated under the securities act of 1933 , and that the common stock was being acquired for investment . we did not engage in a general solicitation or advertising with regard to the issuances of the common stock and have not offered securities to the public in connection with the issuances . see item 1 . business 2014citadel investment . performance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor 2019s ( 201cs&p 201d ) 500 and the s&p super cap diversified financials during the period from december 31 , 2002 through december 31 , 2007. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/02</td><td>12/03</td><td>12/04</td><td>12/05</td><td>12/06</td><td>12/07</td></tr><tr><td>2</td><td>e*trade financial corporation</td><td>100.00</td><td>260.29</td><td>307.61</td><td>429.22</td><td>461.32</td><td>73.05</td></tr><tr><td>3</td><td>s&p 500</td><td>100.00</td><td>128.68</td><td>142.69</td><td>149.70</td><td>173.34</td><td>182.87</td></tr><tr><td>4</td><td>s&p super cap diversified financials</td><td>100.00</td><td>139.29</td><td>156.28</td><td>170.89</td><td>211.13</td><td>176.62</td></tr></table> 2022 $ 100 invested on 12/31/02 in stock or index-including reinvestment of dividends . fiscal year ending december 31 . 2022 copyright a9 2008 , standard & poor 2019s , a division of the mcgraw-hill companies , inc . all rights reserved . www.researchdatagroup.com/s&p.htm .
Question: what was the value of e*trade financial corp as of 12/07?
Answer: 73.05
Question: what is the value less a $100 initial investment?
Answer: -26.95
Question: what is the percent change?
Answer: -0.2695
Question: what is the value of s&p super cap diversified financials as of 12/07 less 100?
| 76.62 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
december 18 , 2007 , we issued an additional 23182197 shares of common stock to citadel . the issuances were exempt from registration pursuant to section 4 ( 2 ) of the securities act of 1933 , and each purchaser has represented to us that it is an 201caccredited investor 201d as defined in regulation d promulgated under the securities act of 1933 , and that the common stock was being acquired for investment . we did not engage in a general solicitation or advertising with regard to the issuances of the common stock and have not offered securities to the public in connection with the issuances . see item 1 . business 2014citadel investment . performance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor 2019s ( 201cs&p 201d ) 500 and the s&p super cap diversified financials during the period from december 31 , 2002 through december 31 , 2007. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/02</td><td>12/03</td><td>12/04</td><td>12/05</td><td>12/06</td><td>12/07</td></tr><tr><td>2</td><td>e*trade financial corporation</td><td>100.00</td><td>260.29</td><td>307.61</td><td>429.22</td><td>461.32</td><td>73.05</td></tr><tr><td>3</td><td>s&p 500</td><td>100.00</td><td>128.68</td><td>142.69</td><td>149.70</td><td>173.34</td><td>182.87</td></tr><tr><td>4</td><td>s&p super cap diversified financials</td><td>100.00</td><td>139.29</td><td>156.28</td><td>170.89</td><td>211.13</td><td>176.62</td></tr></table> 2022 $ 100 invested on 12/31/02 in stock or index-including reinvestment of dividends . fiscal year ending december 31 . 2022 copyright a9 2008 , standard & poor 2019s , a division of the mcgraw-hill companies , inc . all rights reserved . www.researchdatagroup.com/s&p.htm .
Question: what was the value of e*trade financial corp as of 12/07?
Answer: 73.05
Question: what is the value less a $100 initial investment?
Answer: -26.95
Question: what is the percent change?
Answer: -0.2695
Question: what is the value of s&p super cap diversified financials as of 12/07 less 100?
Answer: 76.62
Question: what is the percent change?
| 0.7662 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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december 18 , 2007 , we issued an additional 23182197 shares of common stock to citadel . the issuances were exempt from registration pursuant to section 4 ( 2 ) of the securities act of 1933 , and each purchaser has represented to us that it is an 201caccredited investor 201d as defined in regulation d promulgated under the securities act of 1933 , and that the common stock was being acquired for investment . we did not engage in a general solicitation or advertising with regard to the issuances of the common stock and have not offered securities to the public in connection with the issuances . see item 1 . business 2014citadel investment . performance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor 2019s ( 201cs&p 201d ) 500 and the s&p super cap diversified financials during the period from december 31 , 2002 through december 31 , 2007. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/02</td><td>12/03</td><td>12/04</td><td>12/05</td><td>12/06</td><td>12/07</td></tr><tr><td>2</td><td>e*trade financial corporation</td><td>100.00</td><td>260.29</td><td>307.61</td><td>429.22</td><td>461.32</td><td>73.05</td></tr><tr><td>3</td><td>s&p 500</td><td>100.00</td><td>128.68</td><td>142.69</td><td>149.70</td><td>173.34</td><td>182.87</td></tr><tr><td>4</td><td>s&p super cap diversified financials</td><td>100.00</td><td>139.29</td><td>156.28</td><td>170.89</td><td>211.13</td><td>176.62</td></tr></table> 2022 $ 100 invested on 12/31/02 in stock or index-including reinvestment of dividends . fiscal year ending december 31 . 2022 copyright a9 2008 , standard & poor 2019s , a division of the mcgraw-hill companies , inc . all rights reserved . www.researchdatagroup.com/s&p.htm .
Question: what was the value of e*trade financial corp as of 12/07?
Answer: 73.05
Question: what is the value less a $100 initial investment?
Answer: -26.95
Question: what is the percent change?
Answer: -0.2695
Question: what is the value of s&p super cap diversified financials as of 12/07 less 100?
Answer: 76.62
Question: what is the percent change?
Answer: 0.7662
Question: what is the difference of the percent changes?
| -1.0357 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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18 . allowance for credit losses . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>2009</td><td>2008 ( 1 )</td><td>2007 ( 1 )</td></tr><tr><td>2</td><td>allowance for loan losses at beginning of year</td><td>$ 29616</td><td>$ 16117</td><td>$ 8940</td></tr><tr><td>3</td><td>gross credit losses</td><td>-32784 ( 32784 )</td><td>-20760 ( 20760 )</td><td>-11864 ( 11864 )</td></tr><tr><td>4</td><td>gross recoveries</td><td>2043</td><td>1749</td><td>1938</td></tr><tr><td>5</td><td>net credit ( losses ) recoveries ( ncls )</td><td>$ -30741 ( 30741 )</td><td>$ -19011 ( 19011 )</td><td>$ -9926 ( 9926 )</td></tr><tr><td>6</td><td>ncls</td><td>$ 30741</td><td>$ 19011</td><td>$ 9926</td></tr><tr><td>7</td><td>net reserve builds ( releases )</td><td>5741</td><td>11297</td><td>6550</td></tr><tr><td>8</td><td>net specific reserve builds ( releases )</td><td>2278</td><td>3366</td><td>356</td></tr><tr><td>9</td><td>total provision for credit losses</td><td>$ 38760</td><td>$ 33674</td><td>$ 16832</td></tr><tr><td>10</td><td>other net ( 2 )</td><td>-1602 ( 1602 )</td><td>-1164 ( 1164 )</td><td>271</td></tr><tr><td>11</td><td>allowance for loan losses at end of year</td><td>$ 36033</td><td>$ 29616</td><td>$ 16117</td></tr><tr><td>12</td><td>allowance for credit losses on unfunded lending commitments at beginning of year ( 3 )</td><td>$ 887</td><td>$ 1250</td><td>$ 1100</td></tr><tr><td>13</td><td>provision for unfunded lending commitments</td><td>244</td><td>-363 ( 363 )</td><td>150</td></tr><tr><td>14</td><td>allowance for credit losses on unfunded lending commitments at end of year ( 3 )</td><td>$ 1157</td><td>$ 887</td><td>$ 1250</td></tr><tr><td>15</td><td>total allowance for loans leases and unfunded lending commitments</td><td>$ 37190</td><td>$ 30503</td><td>$ 17367</td></tr></table> ( 1 ) reclassified to conform to the current period 2019s presentation . ( 2 ) 2009 primarily includes reductions to the loan loss reserve of approximately $ 543 million related to securitizations , approximately $ 402 million related to the sale or transfers to held-for-sale of u.s . real estate lending loans , and $ 562 million related to the transfer of the u.k . cards portfolio to held-for-sale . 2008 primarily includes reductions to the loan loss reserve of approximately $ 800 million related to fx translation , $ 102 million related to securitizations , $ 244 million for the sale of the german retail banking operation , $ 156 million for the sale of citicapital , partially offset by additions of $ 106 million related to the cuscatl e1n and bank of overseas chinese acquisitions . 2007 primarily includes reductions to the loan loss reserve of $ 475 million related to securitizations and transfers to loans held-for-sale , and reductions of $ 83 million related to the transfer of the u.k . citifinancial portfolio to held-for-sale , offset by additions of $ 610 million related to the acquisitions of egg , nikko cordial , grupo cuscatl e1n and grupo financiero uno . ( 3 ) represents additional credit loss reserves for unfunded corporate lending commitments and letters of credit recorded in other liabilities on the consolidated balance sheet. .
Question: what is the net change in value of allowance for loan losses from 2007 to 2008?
| 7177.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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18 . allowance for credit losses . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>2009</td><td>2008 ( 1 )</td><td>2007 ( 1 )</td></tr><tr><td>2</td><td>allowance for loan losses at beginning of year</td><td>$ 29616</td><td>$ 16117</td><td>$ 8940</td></tr><tr><td>3</td><td>gross credit losses</td><td>-32784 ( 32784 )</td><td>-20760 ( 20760 )</td><td>-11864 ( 11864 )</td></tr><tr><td>4</td><td>gross recoveries</td><td>2043</td><td>1749</td><td>1938</td></tr><tr><td>5</td><td>net credit ( losses ) recoveries ( ncls )</td><td>$ -30741 ( 30741 )</td><td>$ -19011 ( 19011 )</td><td>$ -9926 ( 9926 )</td></tr><tr><td>6</td><td>ncls</td><td>$ 30741</td><td>$ 19011</td><td>$ 9926</td></tr><tr><td>7</td><td>net reserve builds ( releases )</td><td>5741</td><td>11297</td><td>6550</td></tr><tr><td>8</td><td>net specific reserve builds ( releases )</td><td>2278</td><td>3366</td><td>356</td></tr><tr><td>9</td><td>total provision for credit losses</td><td>$ 38760</td><td>$ 33674</td><td>$ 16832</td></tr><tr><td>10</td><td>other net ( 2 )</td><td>-1602 ( 1602 )</td><td>-1164 ( 1164 )</td><td>271</td></tr><tr><td>11</td><td>allowance for loan losses at end of year</td><td>$ 36033</td><td>$ 29616</td><td>$ 16117</td></tr><tr><td>12</td><td>allowance for credit losses on unfunded lending commitments at beginning of year ( 3 )</td><td>$ 887</td><td>$ 1250</td><td>$ 1100</td></tr><tr><td>13</td><td>provision for unfunded lending commitments</td><td>244</td><td>-363 ( 363 )</td><td>150</td></tr><tr><td>14</td><td>allowance for credit losses on unfunded lending commitments at end of year ( 3 )</td><td>$ 1157</td><td>$ 887</td><td>$ 1250</td></tr><tr><td>15</td><td>total allowance for loans leases and unfunded lending commitments</td><td>$ 37190</td><td>$ 30503</td><td>$ 17367</td></tr></table> ( 1 ) reclassified to conform to the current period 2019s presentation . ( 2 ) 2009 primarily includes reductions to the loan loss reserve of approximately $ 543 million related to securitizations , approximately $ 402 million related to the sale or transfers to held-for-sale of u.s . real estate lending loans , and $ 562 million related to the transfer of the u.k . cards portfolio to held-for-sale . 2008 primarily includes reductions to the loan loss reserve of approximately $ 800 million related to fx translation , $ 102 million related to securitizations , $ 244 million for the sale of the german retail banking operation , $ 156 million for the sale of citicapital , partially offset by additions of $ 106 million related to the cuscatl e1n and bank of overseas chinese acquisitions . 2007 primarily includes reductions to the loan loss reserve of $ 475 million related to securitizations and transfers to loans held-for-sale , and reductions of $ 83 million related to the transfer of the u.k . citifinancial portfolio to held-for-sale , offset by additions of $ 610 million related to the acquisitions of egg , nikko cordial , grupo cuscatl e1n and grupo financiero uno . ( 3 ) represents additional credit loss reserves for unfunded corporate lending commitments and letters of credit recorded in other liabilities on the consolidated balance sheet. .
Question: what is the net change in value of allowance for loan losses from 2007 to 2008?
Answer: 7177.0
Question: what percentage change does this represent?
| 0.8028 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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basel iii ( full implementation ) citigroup 2019s capital resources under basel iii ( full implementation ) citi currently estimates that its effective minimum common equity tier 1 capital , tier 1 capital and total capital ratio requirements under the u.s . basel iii rules , on a fully implemented basis and assuming a 3% ( 3 % ) gsib surcharge , may be 10% ( 10 % ) , 11.5% ( 11.5 % ) and 13.5% ( 13.5 % ) , respectively . further , under the u.s . basel iii rules , citi must also comply with a 4% ( 4 % ) minimum tier 1 leverage ratio requirement and an effective 5% ( 5 % ) minimum supplementary leverage ratio requirement . the following tables set forth the capital tiers , total risk-weighted assets , risk-based capital ratios , quarterly adjusted average total assets , total leverage exposure and leverage ratios , assuming full implementation under the u.s . basel iii rules , for citi as of december 31 , 2015 and december 31 , 2014 . citigroup capital components and ratios under basel iii ( full implementation ) december 31 , 2015 december 31 , 2014 ( 1 ) in millions of dollars , except ratios advanced approaches standardized approach advanced approaches standardized approach . <table class='wikitable'><tr><td>1</td><td>in millions of dollars except ratios</td><td>december 31 2015 advanced approaches</td><td>december 31 2015 standardized approach</td><td>december 31 2015 advanced approaches</td><td>standardized approach</td></tr><tr><td>2</td><td>common equity tier 1 capital</td><td>$ 146865</td><td>$ 146865</td><td>$ 136597</td><td>$ 136597</td></tr><tr><td>3</td><td>tier 1 capital</td><td>164036</td><td>164036</td><td>148066</td><td>148066</td></tr><tr><td>4</td><td>total capital ( tier 1 capital + tier 2 capital ) ( 2 )</td><td>186097</td><td>198655</td><td>165454</td><td>178413</td></tr><tr><td>5</td><td>total risk-weighted assets</td><td>1216277</td><td>1162884</td><td>1292605</td><td>1228488</td></tr><tr><td>6</td><td>common equity tier 1 capital ratio ( 3 ) ( 4 )</td><td>12.07% ( 12.07 % )</td><td>12.63% ( 12.63 % )</td><td>10.57% ( 10.57 % )</td><td>11.12% ( 11.12 % )</td></tr><tr><td>7</td><td>tier 1 capital ratio ( 3 ) ( 4 )</td><td>13.49</td><td>14.11</td><td>11.45</td><td>12.05</td></tr><tr><td>8</td><td>total capital ratio ( 3 ) ( 4 )</td><td>15.30</td><td>17.08</td><td>12.80</td><td>14.52</td></tr></table> common equity tier 1 capital ratio ( 3 ) ( 4 ) 12.07% ( 12.07 % ) 12.63% ( 12.63 % ) 10.57% ( 10.57 % ) 11.12% ( 11.12 % ) tier 1 capital ratio ( 3 ) ( 4 ) 13.49 14.11 11.45 12.05 total capital ratio ( 3 ) ( 4 ) 15.30 17.08 12.80 14.52 in millions of dollars , except ratios december 31 , 2015 december 31 , 2014 ( 1 ) quarterly adjusted average total assets ( 5 ) $ 1724710 $ 1835637 total leverage exposure ( 6 ) 2317849 2492636 tier 1 leverage ratio ( 4 ) 9.51% ( 9.51 % ) 8.07% ( 8.07 % ) supplementary leverage ratio ( 4 ) 7.08 5.94 ( 1 ) restated to reflect the retrospective adoption of asu 2014-01 for lihtc investments , consistent with current period presentation . ( 2 ) under the advanced approaches framework eligible credit reserves that exceed expected credit losses are eligible for inclusion in tier 2 capital to the extent the excess reserves do not exceed 0.6% ( 0.6 % ) of credit risk-weighted assets , which differs from the standardized approach in which the allowance for credit losses is eligible for inclusion in tier 2 capital up to 1.25% ( 1.25 % ) of credit risk-weighted assets , with any excess allowance for credit losses being deducted in arriving at credit risk-weighted assets . ( 3 ) as of december 31 , 2015 and december 31 , 2014 , citi 2019s common equity tier 1 capital , tier 1 capital , and total capital ratios were the lower derived under the basel iii advanced approaches framework . ( 4 ) citi 2019s basel iii capital ratios and related components , on a fully implemented basis , are non-gaap financial measures . citi believes these ratios and the related components provide useful information to investors and others by measuring citi 2019s progress against future regulatory capital standards . ( 5 ) tier 1 leverage ratio denominator . ( 6 ) supplementary leverage ratio denominator. .
Question: what is the tier 1 capital ratio for advance approaches in 2015?
| 13.49 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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basel iii ( full implementation ) citigroup 2019s capital resources under basel iii ( full implementation ) citi currently estimates that its effective minimum common equity tier 1 capital , tier 1 capital and total capital ratio requirements under the u.s . basel iii rules , on a fully implemented basis and assuming a 3% ( 3 % ) gsib surcharge , may be 10% ( 10 % ) , 11.5% ( 11.5 % ) and 13.5% ( 13.5 % ) , respectively . further , under the u.s . basel iii rules , citi must also comply with a 4% ( 4 % ) minimum tier 1 leverage ratio requirement and an effective 5% ( 5 % ) minimum supplementary leverage ratio requirement . the following tables set forth the capital tiers , total risk-weighted assets , risk-based capital ratios , quarterly adjusted average total assets , total leverage exposure and leverage ratios , assuming full implementation under the u.s . basel iii rules , for citi as of december 31 , 2015 and december 31 , 2014 . citigroup capital components and ratios under basel iii ( full implementation ) december 31 , 2015 december 31 , 2014 ( 1 ) in millions of dollars , except ratios advanced approaches standardized approach advanced approaches standardized approach . <table class='wikitable'><tr><td>1</td><td>in millions of dollars except ratios</td><td>december 31 2015 advanced approaches</td><td>december 31 2015 standardized approach</td><td>december 31 2015 advanced approaches</td><td>standardized approach</td></tr><tr><td>2</td><td>common equity tier 1 capital</td><td>$ 146865</td><td>$ 146865</td><td>$ 136597</td><td>$ 136597</td></tr><tr><td>3</td><td>tier 1 capital</td><td>164036</td><td>164036</td><td>148066</td><td>148066</td></tr><tr><td>4</td><td>total capital ( tier 1 capital + tier 2 capital ) ( 2 )</td><td>186097</td><td>198655</td><td>165454</td><td>178413</td></tr><tr><td>5</td><td>total risk-weighted assets</td><td>1216277</td><td>1162884</td><td>1292605</td><td>1228488</td></tr><tr><td>6</td><td>common equity tier 1 capital ratio ( 3 ) ( 4 )</td><td>12.07% ( 12.07 % )</td><td>12.63% ( 12.63 % )</td><td>10.57% ( 10.57 % )</td><td>11.12% ( 11.12 % )</td></tr><tr><td>7</td><td>tier 1 capital ratio ( 3 ) ( 4 )</td><td>13.49</td><td>14.11</td><td>11.45</td><td>12.05</td></tr><tr><td>8</td><td>total capital ratio ( 3 ) ( 4 )</td><td>15.30</td><td>17.08</td><td>12.80</td><td>14.52</td></tr></table> common equity tier 1 capital ratio ( 3 ) ( 4 ) 12.07% ( 12.07 % ) 12.63% ( 12.63 % ) 10.57% ( 10.57 % ) 11.12% ( 11.12 % ) tier 1 capital ratio ( 3 ) ( 4 ) 13.49 14.11 11.45 12.05 total capital ratio ( 3 ) ( 4 ) 15.30 17.08 12.80 14.52 in millions of dollars , except ratios december 31 , 2015 december 31 , 2014 ( 1 ) quarterly adjusted average total assets ( 5 ) $ 1724710 $ 1835637 total leverage exposure ( 6 ) 2317849 2492636 tier 1 leverage ratio ( 4 ) 9.51% ( 9.51 % ) 8.07% ( 8.07 % ) supplementary leverage ratio ( 4 ) 7.08 5.94 ( 1 ) restated to reflect the retrospective adoption of asu 2014-01 for lihtc investments , consistent with current period presentation . ( 2 ) under the advanced approaches framework eligible credit reserves that exceed expected credit losses are eligible for inclusion in tier 2 capital to the extent the excess reserves do not exceed 0.6% ( 0.6 % ) of credit risk-weighted assets , which differs from the standardized approach in which the allowance for credit losses is eligible for inclusion in tier 2 capital up to 1.25% ( 1.25 % ) of credit risk-weighted assets , with any excess allowance for credit losses being deducted in arriving at credit risk-weighted assets . ( 3 ) as of december 31 , 2015 and december 31 , 2014 , citi 2019s common equity tier 1 capital , tier 1 capital , and total capital ratios were the lower derived under the basel iii advanced approaches framework . ( 4 ) citi 2019s basel iii capital ratios and related components , on a fully implemented basis , are non-gaap financial measures . citi believes these ratios and the related components provide useful information to investors and others by measuring citi 2019s progress against future regulatory capital standards . ( 5 ) tier 1 leverage ratio denominator . ( 6 ) supplementary leverage ratio denominator. .
Question: what is the tier 1 capital ratio for advance approaches in 2015?
Answer: 13.49
Question: what about for the standardized approach?
| 14.11 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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basel iii ( full implementation ) citigroup 2019s capital resources under basel iii ( full implementation ) citi currently estimates that its effective minimum common equity tier 1 capital , tier 1 capital and total capital ratio requirements under the u.s . basel iii rules , on a fully implemented basis and assuming a 3% ( 3 % ) gsib surcharge , may be 10% ( 10 % ) , 11.5% ( 11.5 % ) and 13.5% ( 13.5 % ) , respectively . further , under the u.s . basel iii rules , citi must also comply with a 4% ( 4 % ) minimum tier 1 leverage ratio requirement and an effective 5% ( 5 % ) minimum supplementary leverage ratio requirement . the following tables set forth the capital tiers , total risk-weighted assets , risk-based capital ratios , quarterly adjusted average total assets , total leverage exposure and leverage ratios , assuming full implementation under the u.s . basel iii rules , for citi as of december 31 , 2015 and december 31 , 2014 . citigroup capital components and ratios under basel iii ( full implementation ) december 31 , 2015 december 31 , 2014 ( 1 ) in millions of dollars , except ratios advanced approaches standardized approach advanced approaches standardized approach . <table class='wikitable'><tr><td>1</td><td>in millions of dollars except ratios</td><td>december 31 2015 advanced approaches</td><td>december 31 2015 standardized approach</td><td>december 31 2015 advanced approaches</td><td>standardized approach</td></tr><tr><td>2</td><td>common equity tier 1 capital</td><td>$ 146865</td><td>$ 146865</td><td>$ 136597</td><td>$ 136597</td></tr><tr><td>3</td><td>tier 1 capital</td><td>164036</td><td>164036</td><td>148066</td><td>148066</td></tr><tr><td>4</td><td>total capital ( tier 1 capital + tier 2 capital ) ( 2 )</td><td>186097</td><td>198655</td><td>165454</td><td>178413</td></tr><tr><td>5</td><td>total risk-weighted assets</td><td>1216277</td><td>1162884</td><td>1292605</td><td>1228488</td></tr><tr><td>6</td><td>common equity tier 1 capital ratio ( 3 ) ( 4 )</td><td>12.07% ( 12.07 % )</td><td>12.63% ( 12.63 % )</td><td>10.57% ( 10.57 % )</td><td>11.12% ( 11.12 % )</td></tr><tr><td>7</td><td>tier 1 capital ratio ( 3 ) ( 4 )</td><td>13.49</td><td>14.11</td><td>11.45</td><td>12.05</td></tr><tr><td>8</td><td>total capital ratio ( 3 ) ( 4 )</td><td>15.30</td><td>17.08</td><td>12.80</td><td>14.52</td></tr></table> common equity tier 1 capital ratio ( 3 ) ( 4 ) 12.07% ( 12.07 % ) 12.63% ( 12.63 % ) 10.57% ( 10.57 % ) 11.12% ( 11.12 % ) tier 1 capital ratio ( 3 ) ( 4 ) 13.49 14.11 11.45 12.05 total capital ratio ( 3 ) ( 4 ) 15.30 17.08 12.80 14.52 in millions of dollars , except ratios december 31 , 2015 december 31 , 2014 ( 1 ) quarterly adjusted average total assets ( 5 ) $ 1724710 $ 1835637 total leverage exposure ( 6 ) 2317849 2492636 tier 1 leverage ratio ( 4 ) 9.51% ( 9.51 % ) 8.07% ( 8.07 % ) supplementary leverage ratio ( 4 ) 7.08 5.94 ( 1 ) restated to reflect the retrospective adoption of asu 2014-01 for lihtc investments , consistent with current period presentation . ( 2 ) under the advanced approaches framework eligible credit reserves that exceed expected credit losses are eligible for inclusion in tier 2 capital to the extent the excess reserves do not exceed 0.6% ( 0.6 % ) of credit risk-weighted assets , which differs from the standardized approach in which the allowance for credit losses is eligible for inclusion in tier 2 capital up to 1.25% ( 1.25 % ) of credit risk-weighted assets , with any excess allowance for credit losses being deducted in arriving at credit risk-weighted assets . ( 3 ) as of december 31 , 2015 and december 31 , 2014 , citi 2019s common equity tier 1 capital , tier 1 capital , and total capital ratios were the lower derived under the basel iii advanced approaches framework . ( 4 ) citi 2019s basel iii capital ratios and related components , on a fully implemented basis , are non-gaap financial measures . citi believes these ratios and the related components provide useful information to investors and others by measuring citi 2019s progress against future regulatory capital standards . ( 5 ) tier 1 leverage ratio denominator . ( 6 ) supplementary leverage ratio denominator. .
Question: what is the tier 1 capital ratio for advance approaches in 2015?
Answer: 13.49
Question: what about for the standardized approach?
Answer: 14.11
Question: what is the net change?
| -0.62 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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basel iii ( full implementation ) citigroup 2019s capital resources under basel iii ( full implementation ) citi currently estimates that its effective minimum common equity tier 1 capital , tier 1 capital and total capital ratio requirements under the u.s . basel iii rules , on a fully implemented basis and assuming a 3% ( 3 % ) gsib surcharge , may be 10% ( 10 % ) , 11.5% ( 11.5 % ) and 13.5% ( 13.5 % ) , respectively . further , under the u.s . basel iii rules , citi must also comply with a 4% ( 4 % ) minimum tier 1 leverage ratio requirement and an effective 5% ( 5 % ) minimum supplementary leverage ratio requirement . the following tables set forth the capital tiers , total risk-weighted assets , risk-based capital ratios , quarterly adjusted average total assets , total leverage exposure and leverage ratios , assuming full implementation under the u.s . basel iii rules , for citi as of december 31 , 2015 and december 31 , 2014 . citigroup capital components and ratios under basel iii ( full implementation ) december 31 , 2015 december 31 , 2014 ( 1 ) in millions of dollars , except ratios advanced approaches standardized approach advanced approaches standardized approach . <table class='wikitable'><tr><td>1</td><td>in millions of dollars except ratios</td><td>december 31 2015 advanced approaches</td><td>december 31 2015 standardized approach</td><td>december 31 2015 advanced approaches</td><td>standardized approach</td></tr><tr><td>2</td><td>common equity tier 1 capital</td><td>$ 146865</td><td>$ 146865</td><td>$ 136597</td><td>$ 136597</td></tr><tr><td>3</td><td>tier 1 capital</td><td>164036</td><td>164036</td><td>148066</td><td>148066</td></tr><tr><td>4</td><td>total capital ( tier 1 capital + tier 2 capital ) ( 2 )</td><td>186097</td><td>198655</td><td>165454</td><td>178413</td></tr><tr><td>5</td><td>total risk-weighted assets</td><td>1216277</td><td>1162884</td><td>1292605</td><td>1228488</td></tr><tr><td>6</td><td>common equity tier 1 capital ratio ( 3 ) ( 4 )</td><td>12.07% ( 12.07 % )</td><td>12.63% ( 12.63 % )</td><td>10.57% ( 10.57 % )</td><td>11.12% ( 11.12 % )</td></tr><tr><td>7</td><td>tier 1 capital ratio ( 3 ) ( 4 )</td><td>13.49</td><td>14.11</td><td>11.45</td><td>12.05</td></tr><tr><td>8</td><td>total capital ratio ( 3 ) ( 4 )</td><td>15.30</td><td>17.08</td><td>12.80</td><td>14.52</td></tr></table> common equity tier 1 capital ratio ( 3 ) ( 4 ) 12.07% ( 12.07 % ) 12.63% ( 12.63 % ) 10.57% ( 10.57 % ) 11.12% ( 11.12 % ) tier 1 capital ratio ( 3 ) ( 4 ) 13.49 14.11 11.45 12.05 total capital ratio ( 3 ) ( 4 ) 15.30 17.08 12.80 14.52 in millions of dollars , except ratios december 31 , 2015 december 31 , 2014 ( 1 ) quarterly adjusted average total assets ( 5 ) $ 1724710 $ 1835637 total leverage exposure ( 6 ) 2317849 2492636 tier 1 leverage ratio ( 4 ) 9.51% ( 9.51 % ) 8.07% ( 8.07 % ) supplementary leverage ratio ( 4 ) 7.08 5.94 ( 1 ) restated to reflect the retrospective adoption of asu 2014-01 for lihtc investments , consistent with current period presentation . ( 2 ) under the advanced approaches framework eligible credit reserves that exceed expected credit losses are eligible for inclusion in tier 2 capital to the extent the excess reserves do not exceed 0.6% ( 0.6 % ) of credit risk-weighted assets , which differs from the standardized approach in which the allowance for credit losses is eligible for inclusion in tier 2 capital up to 1.25% ( 1.25 % ) of credit risk-weighted assets , with any excess allowance for credit losses being deducted in arriving at credit risk-weighted assets . ( 3 ) as of december 31 , 2015 and december 31 , 2014 , citi 2019s common equity tier 1 capital , tier 1 capital , and total capital ratios were the lower derived under the basel iii advanced approaches framework . ( 4 ) citi 2019s basel iii capital ratios and related components , on a fully implemented basis , are non-gaap financial measures . citi believes these ratios and the related components provide useful information to investors and others by measuring citi 2019s progress against future regulatory capital standards . ( 5 ) tier 1 leverage ratio denominator . ( 6 ) supplementary leverage ratio denominator. .
Question: what is the tier 1 capital ratio for advance approaches in 2015?
Answer: 13.49
Question: what about for the standardized approach?
Answer: 14.11
Question: what is the net change?
Answer: -0.62
Question: what about the total capital ratio for advance approaches in 2015?
| 15.3 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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basel iii ( full implementation ) citigroup 2019s capital resources under basel iii ( full implementation ) citi currently estimates that its effective minimum common equity tier 1 capital , tier 1 capital and total capital ratio requirements under the u.s . basel iii rules , on a fully implemented basis and assuming a 3% ( 3 % ) gsib surcharge , may be 10% ( 10 % ) , 11.5% ( 11.5 % ) and 13.5% ( 13.5 % ) , respectively . further , under the u.s . basel iii rules , citi must also comply with a 4% ( 4 % ) minimum tier 1 leverage ratio requirement and an effective 5% ( 5 % ) minimum supplementary leverage ratio requirement . the following tables set forth the capital tiers , total risk-weighted assets , risk-based capital ratios , quarterly adjusted average total assets , total leverage exposure and leverage ratios , assuming full implementation under the u.s . basel iii rules , for citi as of december 31 , 2015 and december 31 , 2014 . citigroup capital components and ratios under basel iii ( full implementation ) december 31 , 2015 december 31 , 2014 ( 1 ) in millions of dollars , except ratios advanced approaches standardized approach advanced approaches standardized approach . <table class='wikitable'><tr><td>1</td><td>in millions of dollars except ratios</td><td>december 31 2015 advanced approaches</td><td>december 31 2015 standardized approach</td><td>december 31 2015 advanced approaches</td><td>standardized approach</td></tr><tr><td>2</td><td>common equity tier 1 capital</td><td>$ 146865</td><td>$ 146865</td><td>$ 136597</td><td>$ 136597</td></tr><tr><td>3</td><td>tier 1 capital</td><td>164036</td><td>164036</td><td>148066</td><td>148066</td></tr><tr><td>4</td><td>total capital ( tier 1 capital + tier 2 capital ) ( 2 )</td><td>186097</td><td>198655</td><td>165454</td><td>178413</td></tr><tr><td>5</td><td>total risk-weighted assets</td><td>1216277</td><td>1162884</td><td>1292605</td><td>1228488</td></tr><tr><td>6</td><td>common equity tier 1 capital ratio ( 3 ) ( 4 )</td><td>12.07% ( 12.07 % )</td><td>12.63% ( 12.63 % )</td><td>10.57% ( 10.57 % )</td><td>11.12% ( 11.12 % )</td></tr><tr><td>7</td><td>tier 1 capital ratio ( 3 ) ( 4 )</td><td>13.49</td><td>14.11</td><td>11.45</td><td>12.05</td></tr><tr><td>8</td><td>total capital ratio ( 3 ) ( 4 )</td><td>15.30</td><td>17.08</td><td>12.80</td><td>14.52</td></tr></table> common equity tier 1 capital ratio ( 3 ) ( 4 ) 12.07% ( 12.07 % ) 12.63% ( 12.63 % ) 10.57% ( 10.57 % ) 11.12% ( 11.12 % ) tier 1 capital ratio ( 3 ) ( 4 ) 13.49 14.11 11.45 12.05 total capital ratio ( 3 ) ( 4 ) 15.30 17.08 12.80 14.52 in millions of dollars , except ratios december 31 , 2015 december 31 , 2014 ( 1 ) quarterly adjusted average total assets ( 5 ) $ 1724710 $ 1835637 total leverage exposure ( 6 ) 2317849 2492636 tier 1 leverage ratio ( 4 ) 9.51% ( 9.51 % ) 8.07% ( 8.07 % ) supplementary leverage ratio ( 4 ) 7.08 5.94 ( 1 ) restated to reflect the retrospective adoption of asu 2014-01 for lihtc investments , consistent with current period presentation . ( 2 ) under the advanced approaches framework eligible credit reserves that exceed expected credit losses are eligible for inclusion in tier 2 capital to the extent the excess reserves do not exceed 0.6% ( 0.6 % ) of credit risk-weighted assets , which differs from the standardized approach in which the allowance for credit losses is eligible for inclusion in tier 2 capital up to 1.25% ( 1.25 % ) of credit risk-weighted assets , with any excess allowance for credit losses being deducted in arriving at credit risk-weighted assets . ( 3 ) as of december 31 , 2015 and december 31 , 2014 , citi 2019s common equity tier 1 capital , tier 1 capital , and total capital ratios were the lower derived under the basel iii advanced approaches framework . ( 4 ) citi 2019s basel iii capital ratios and related components , on a fully implemented basis , are non-gaap financial measures . citi believes these ratios and the related components provide useful information to investors and others by measuring citi 2019s progress against future regulatory capital standards . ( 5 ) tier 1 leverage ratio denominator . ( 6 ) supplementary leverage ratio denominator. .
Question: what is the tier 1 capital ratio for advance approaches in 2015?
Answer: 13.49
Question: what about for the standardized approach?
Answer: 14.11
Question: what is the net change?
Answer: -0.62
Question: what about the total capital ratio for advance approaches in 2015?
Answer: 15.3
Question: and total capital ratio for the standardized approach?
| 17.08 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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basel iii ( full implementation ) citigroup 2019s capital resources under basel iii ( full implementation ) citi currently estimates that its effective minimum common equity tier 1 capital , tier 1 capital and total capital ratio requirements under the u.s . basel iii rules , on a fully implemented basis and assuming a 3% ( 3 % ) gsib surcharge , may be 10% ( 10 % ) , 11.5% ( 11.5 % ) and 13.5% ( 13.5 % ) , respectively . further , under the u.s . basel iii rules , citi must also comply with a 4% ( 4 % ) minimum tier 1 leverage ratio requirement and an effective 5% ( 5 % ) minimum supplementary leverage ratio requirement . the following tables set forth the capital tiers , total risk-weighted assets , risk-based capital ratios , quarterly adjusted average total assets , total leverage exposure and leverage ratios , assuming full implementation under the u.s . basel iii rules , for citi as of december 31 , 2015 and december 31 , 2014 . citigroup capital components and ratios under basel iii ( full implementation ) december 31 , 2015 december 31 , 2014 ( 1 ) in millions of dollars , except ratios advanced approaches standardized approach advanced approaches standardized approach . <table class='wikitable'><tr><td>1</td><td>in millions of dollars except ratios</td><td>december 31 2015 advanced approaches</td><td>december 31 2015 standardized approach</td><td>december 31 2015 advanced approaches</td><td>standardized approach</td></tr><tr><td>2</td><td>common equity tier 1 capital</td><td>$ 146865</td><td>$ 146865</td><td>$ 136597</td><td>$ 136597</td></tr><tr><td>3</td><td>tier 1 capital</td><td>164036</td><td>164036</td><td>148066</td><td>148066</td></tr><tr><td>4</td><td>total capital ( tier 1 capital + tier 2 capital ) ( 2 )</td><td>186097</td><td>198655</td><td>165454</td><td>178413</td></tr><tr><td>5</td><td>total risk-weighted assets</td><td>1216277</td><td>1162884</td><td>1292605</td><td>1228488</td></tr><tr><td>6</td><td>common equity tier 1 capital ratio ( 3 ) ( 4 )</td><td>12.07% ( 12.07 % )</td><td>12.63% ( 12.63 % )</td><td>10.57% ( 10.57 % )</td><td>11.12% ( 11.12 % )</td></tr><tr><td>7</td><td>tier 1 capital ratio ( 3 ) ( 4 )</td><td>13.49</td><td>14.11</td><td>11.45</td><td>12.05</td></tr><tr><td>8</td><td>total capital ratio ( 3 ) ( 4 )</td><td>15.30</td><td>17.08</td><td>12.80</td><td>14.52</td></tr></table> common equity tier 1 capital ratio ( 3 ) ( 4 ) 12.07% ( 12.07 % ) 12.63% ( 12.63 % ) 10.57% ( 10.57 % ) 11.12% ( 11.12 % ) tier 1 capital ratio ( 3 ) ( 4 ) 13.49 14.11 11.45 12.05 total capital ratio ( 3 ) ( 4 ) 15.30 17.08 12.80 14.52 in millions of dollars , except ratios december 31 , 2015 december 31 , 2014 ( 1 ) quarterly adjusted average total assets ( 5 ) $ 1724710 $ 1835637 total leverage exposure ( 6 ) 2317849 2492636 tier 1 leverage ratio ( 4 ) 9.51% ( 9.51 % ) 8.07% ( 8.07 % ) supplementary leverage ratio ( 4 ) 7.08 5.94 ( 1 ) restated to reflect the retrospective adoption of asu 2014-01 for lihtc investments , consistent with current period presentation . ( 2 ) under the advanced approaches framework eligible credit reserves that exceed expected credit losses are eligible for inclusion in tier 2 capital to the extent the excess reserves do not exceed 0.6% ( 0.6 % ) of credit risk-weighted assets , which differs from the standardized approach in which the allowance for credit losses is eligible for inclusion in tier 2 capital up to 1.25% ( 1.25 % ) of credit risk-weighted assets , with any excess allowance for credit losses being deducted in arriving at credit risk-weighted assets . ( 3 ) as of december 31 , 2015 and december 31 , 2014 , citi 2019s common equity tier 1 capital , tier 1 capital , and total capital ratios were the lower derived under the basel iii advanced approaches framework . ( 4 ) citi 2019s basel iii capital ratios and related components , on a fully implemented basis , are non-gaap financial measures . citi believes these ratios and the related components provide useful information to investors and others by measuring citi 2019s progress against future regulatory capital standards . ( 5 ) tier 1 leverage ratio denominator . ( 6 ) supplementary leverage ratio denominator. .
Question: what is the tier 1 capital ratio for advance approaches in 2015?
Answer: 13.49
Question: what about for the standardized approach?
Answer: 14.11
Question: what is the net change?
Answer: -0.62
Question: what about the total capital ratio for advance approaches in 2015?
Answer: 15.3
Question: and total capital ratio for the standardized approach?
Answer: 17.08
Question: what is the net change in total capital ratio?
| -1.78 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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92 | 2017 form 10-k finite-lived intangible assets are amortized over their estimated useful lives and tested for impairment if events or changes in circumstances indicate that the asset may be impaired . in 2016 , gross customer relationship intangibles of $ 96 million and related accumulated amortization of $ 27 million as well as gross intellectual property intangibles of $ 111 million and related accumulated amortization of $ 48 million from the resource industries segment were impaired . the fair value of these intangibles was determined to be insignificant based on an income approach using expected cash flows . the fair value determination is categorized as level 3 in the fair value hierarchy due to its use of internal projections and unobservable measurement inputs . the total impairment of $ 132 million was a result of restructuring activities and is included in other operating ( income ) expense in statement 1 . see note 25 for information on restructuring costs . amortization expense related to intangible assets was $ 323 million , $ 326 million and $ 337 million for 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , amortization expense related to intangible assets is expected to be : ( millions of dollars ) . <table class='wikitable'><tr><td>1</td><td>2018</td><td>2019</td><td>2020</td><td>2021</td><td>2022</td><td>thereafter</td></tr><tr><td>2</td><td>$ 322</td><td>$ 316</td><td>$ 305</td><td>$ 287</td><td>$ 268</td><td>$ 613</td></tr></table> b . goodwill there were no goodwill impairments during 2017 or 2015 . our annual impairment tests completed in the fourth quarter of 2016 indicated the fair value of each reporting unit was substantially above its respective carrying value , including goodwill , with the exception of our surface mining & technology reporting unit . the surface mining & technology reporting unit , which primarily serves the mining industry , is a part of our resource industries segment . the goodwill assigned to this reporting unit is largely from our acquisition of bucyrus international , inc . in 2011 . its product portfolio includes large mining trucks , electric rope shovels , draglines , hydraulic shovels and related parts . in addition to equipment , surface mining & technology also develops and sells technology products and services to provide customer fleet management , equipment management analytics and autonomous machine capabilities . the annual impairment test completed in the fourth quarter of 2016 indicated that the fair value of surface mining & technology was below its carrying value requiring the second step of the goodwill impairment test process . the fair value of surface mining & technology was determined primarily using an income approach based on a discounted ten year cash flow . we assigned the fair value to surface mining & technology 2019s assets and liabilities using various valuation techniques that required assumptions about royalty rates , dealer attrition , technological obsolescence and discount rates . the resulting implied fair value of goodwill was below the carrying value . accordingly , we recognized a goodwill impairment charge of $ 595 million , which resulted in goodwill of $ 629 million remaining for surface mining & technology as of october 1 , 2016 . the fair value determination is categorized as level 3 in the fair value hierarchy due to its use of internal projections and unobservable measurement inputs . there was a $ 17 million tax benefit associated with this impairment charge. .
Question: what is the net change of amortization expense from 2016 to 2017?
| -3.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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92 | 2017 form 10-k finite-lived intangible assets are amortized over their estimated useful lives and tested for impairment if events or changes in circumstances indicate that the asset may be impaired . in 2016 , gross customer relationship intangibles of $ 96 million and related accumulated amortization of $ 27 million as well as gross intellectual property intangibles of $ 111 million and related accumulated amortization of $ 48 million from the resource industries segment were impaired . the fair value of these intangibles was determined to be insignificant based on an income approach using expected cash flows . the fair value determination is categorized as level 3 in the fair value hierarchy due to its use of internal projections and unobservable measurement inputs . the total impairment of $ 132 million was a result of restructuring activities and is included in other operating ( income ) expense in statement 1 . see note 25 for information on restructuring costs . amortization expense related to intangible assets was $ 323 million , $ 326 million and $ 337 million for 2017 , 2016 and 2015 , respectively . as of december 31 , 2017 , amortization expense related to intangible assets is expected to be : ( millions of dollars ) . <table class='wikitable'><tr><td>1</td><td>2018</td><td>2019</td><td>2020</td><td>2021</td><td>2022</td><td>thereafter</td></tr><tr><td>2</td><td>$ 322</td><td>$ 316</td><td>$ 305</td><td>$ 287</td><td>$ 268</td><td>$ 613</td></tr></table> b . goodwill there were no goodwill impairments during 2017 or 2015 . our annual impairment tests completed in the fourth quarter of 2016 indicated the fair value of each reporting unit was substantially above its respective carrying value , including goodwill , with the exception of our surface mining & technology reporting unit . the surface mining & technology reporting unit , which primarily serves the mining industry , is a part of our resource industries segment . the goodwill assigned to this reporting unit is largely from our acquisition of bucyrus international , inc . in 2011 . its product portfolio includes large mining trucks , electric rope shovels , draglines , hydraulic shovels and related parts . in addition to equipment , surface mining & technology also develops and sells technology products and services to provide customer fleet management , equipment management analytics and autonomous machine capabilities . the annual impairment test completed in the fourth quarter of 2016 indicated that the fair value of surface mining & technology was below its carrying value requiring the second step of the goodwill impairment test process . the fair value of surface mining & technology was determined primarily using an income approach based on a discounted ten year cash flow . we assigned the fair value to surface mining & technology 2019s assets and liabilities using various valuation techniques that required assumptions about royalty rates , dealer attrition , technological obsolescence and discount rates . the resulting implied fair value of goodwill was below the carrying value . accordingly , we recognized a goodwill impairment charge of $ 595 million , which resulted in goodwill of $ 629 million remaining for surface mining & technology as of october 1 , 2016 . the fair value determination is categorized as level 3 in the fair value hierarchy due to its use of internal projections and unobservable measurement inputs . there was a $ 17 million tax benefit associated with this impairment charge. .
Question: what is the net change of amortization expense from 2016 to 2017?
Answer: -3.0
Question: what is that over the 2016 value?
| -0.0092 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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note 10 . commitments and contingencies credit-related commitments and contingencies : credit-related financial instruments , which are off-balance sheet , include indemnified securities financing , unfunded commitments to extend credit or purchase assets , and standby letters of credit . the potential loss associated with indemnified securities financing , unfunded commitments and standby letters of credit is equal to the total gross contractual amount , which does not consider the value of any collateral . the following table summarizes the total gross contractual amounts of credit-related off-balance sheet financial instruments at december 31 . amounts reported do not reflect participations to independent third parties. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>indemnified securities financing</td><td>$ 365251</td><td>$ 324590</td></tr><tr><td>3</td><td>asset purchase agreements ( 1 )</td><td>8211</td><td>31780</td></tr><tr><td>4</td><td>unfunded commitments to extend credit</td><td>18078</td><td>20981</td></tr><tr><td>5</td><td>standby letters of credit</td><td>4784</td><td>6061</td></tr></table> ( 1 ) amount for 2009 excludes agreements related to the commercial paper conduits , which were consolidated in may 2009 ; see note 11 . approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue . since many of these commitments are expected to expire or renew without being drawn upon , the total commitment amount does not necessarily represent future cash requirements . securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions . we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities . collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition . we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed . the borrowed securities are revalued daily to determine if additional collateral is necessary . in this regard , we held , as agent , cash and u.s . government securities with an aggregate fair value of $ 375.92 billion and $ 333.07 billion as collateral for indemnified securities on loan at december 31 , 2009 and 2008 , respectively , presented in the table above . the collateral held by us is invested on behalf of our customers in accordance with their guidelines . in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested . we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement . the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition . of the collateral of $ 375.92 billion at december 31 , 2009 and $ 333.07 billion at december 31 , 2008 referenced above , $ 77.73 billion at december 31 , 2009 and $ 68.37 billion at december 31 , 2008 was invested in indemnified repurchase agreements . we held , as agent , cash and securities with an aggregate fair value of $ 82.62 billion and $ 71.87 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2009 and december 31 , 2008 , respectively . legal proceedings : in the ordinary course of business , we and our subsidiaries are involved in disputes , litigation and regulatory inquiries and investigations , both pending and threatened . these matters , if resolved adversely against us , may result in monetary damages , fines and penalties or require changes in our business practices . the resolution of these proceedings is inherently difficult to predict . however , we do not believe that the amount of any judgment , settlement or other action arising from any pending proceeding will have a material adverse effect on our consolidated financial condition , although the outcome of certain of the matters described below may have a material adverse effect on our consolidated results of operations for the period in which such matter is resolved .
Question: what was the total in asset purchase agreements in 2009?
| 8211.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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note 10 . commitments and contingencies credit-related commitments and contingencies : credit-related financial instruments , which are off-balance sheet , include indemnified securities financing , unfunded commitments to extend credit or purchase assets , and standby letters of credit . the potential loss associated with indemnified securities financing , unfunded commitments and standby letters of credit is equal to the total gross contractual amount , which does not consider the value of any collateral . the following table summarizes the total gross contractual amounts of credit-related off-balance sheet financial instruments at december 31 . amounts reported do not reflect participations to independent third parties. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>indemnified securities financing</td><td>$ 365251</td><td>$ 324590</td></tr><tr><td>3</td><td>asset purchase agreements ( 1 )</td><td>8211</td><td>31780</td></tr><tr><td>4</td><td>unfunded commitments to extend credit</td><td>18078</td><td>20981</td></tr><tr><td>5</td><td>standby letters of credit</td><td>4784</td><td>6061</td></tr></table> ( 1 ) amount for 2009 excludes agreements related to the commercial paper conduits , which were consolidated in may 2009 ; see note 11 . approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue . since many of these commitments are expected to expire or renew without being drawn upon , the total commitment amount does not necessarily represent future cash requirements . securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions . we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities . collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition . we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed . the borrowed securities are revalued daily to determine if additional collateral is necessary . in this regard , we held , as agent , cash and u.s . government securities with an aggregate fair value of $ 375.92 billion and $ 333.07 billion as collateral for indemnified securities on loan at december 31 , 2009 and 2008 , respectively , presented in the table above . the collateral held by us is invested on behalf of our customers in accordance with their guidelines . in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested . we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement . the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition . of the collateral of $ 375.92 billion at december 31 , 2009 and $ 333.07 billion at december 31 , 2008 referenced above , $ 77.73 billion at december 31 , 2009 and $ 68.37 billion at december 31 , 2008 was invested in indemnified repurchase agreements . we held , as agent , cash and securities with an aggregate fair value of $ 82.62 billion and $ 71.87 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2009 and december 31 , 2008 , respectively . legal proceedings : in the ordinary course of business , we and our subsidiaries are involved in disputes , litigation and regulatory inquiries and investigations , both pending and threatened . these matters , if resolved adversely against us , may result in monetary damages , fines and penalties or require changes in our business practices . the resolution of these proceedings is inherently difficult to predict . however , we do not believe that the amount of any judgment , settlement or other action arising from any pending proceeding will have a material adverse effect on our consolidated financial condition , although the outcome of certain of the matters described below may have a material adverse effect on our consolidated results of operations for the period in which such matter is resolved .
Question: what was the total in asset purchase agreements in 2009?
Answer: 8211.0
Question: and what was it in 2008?
| 31780.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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note 10 . commitments and contingencies credit-related commitments and contingencies : credit-related financial instruments , which are off-balance sheet , include indemnified securities financing , unfunded commitments to extend credit or purchase assets , and standby letters of credit . the potential loss associated with indemnified securities financing , unfunded commitments and standby letters of credit is equal to the total gross contractual amount , which does not consider the value of any collateral . the following table summarizes the total gross contractual amounts of credit-related off-balance sheet financial instruments at december 31 . amounts reported do not reflect participations to independent third parties. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>indemnified securities financing</td><td>$ 365251</td><td>$ 324590</td></tr><tr><td>3</td><td>asset purchase agreements ( 1 )</td><td>8211</td><td>31780</td></tr><tr><td>4</td><td>unfunded commitments to extend credit</td><td>18078</td><td>20981</td></tr><tr><td>5</td><td>standby letters of credit</td><td>4784</td><td>6061</td></tr></table> ( 1 ) amount for 2009 excludes agreements related to the commercial paper conduits , which were consolidated in may 2009 ; see note 11 . approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue . since many of these commitments are expected to expire or renew without being drawn upon , the total commitment amount does not necessarily represent future cash requirements . securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions . we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities . collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition . we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed . the borrowed securities are revalued daily to determine if additional collateral is necessary . in this regard , we held , as agent , cash and u.s . government securities with an aggregate fair value of $ 375.92 billion and $ 333.07 billion as collateral for indemnified securities on loan at december 31 , 2009 and 2008 , respectively , presented in the table above . the collateral held by us is invested on behalf of our customers in accordance with their guidelines . in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested . we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement . the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition . of the collateral of $ 375.92 billion at december 31 , 2009 and $ 333.07 billion at december 31 , 2008 referenced above , $ 77.73 billion at december 31 , 2009 and $ 68.37 billion at december 31 , 2008 was invested in indemnified repurchase agreements . we held , as agent , cash and securities with an aggregate fair value of $ 82.62 billion and $ 71.87 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2009 and december 31 , 2008 , respectively . legal proceedings : in the ordinary course of business , we and our subsidiaries are involved in disputes , litigation and regulatory inquiries and investigations , both pending and threatened . these matters , if resolved adversely against us , may result in monetary damages , fines and penalties or require changes in our business practices . the resolution of these proceedings is inherently difficult to predict . however , we do not believe that the amount of any judgment , settlement or other action arising from any pending proceeding will have a material adverse effect on our consolidated financial condition , although the outcome of certain of the matters described below may have a material adverse effect on our consolidated results of operations for the period in which such matter is resolved .
Question: what was the total in asset purchase agreements in 2009?
Answer: 8211.0
Question: and what was it in 2008?
Answer: 31780.0
Question: what was, then, the change over the year?
| -23569.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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note 10 . commitments and contingencies credit-related commitments and contingencies : credit-related financial instruments , which are off-balance sheet , include indemnified securities financing , unfunded commitments to extend credit or purchase assets , and standby letters of credit . the potential loss associated with indemnified securities financing , unfunded commitments and standby letters of credit is equal to the total gross contractual amount , which does not consider the value of any collateral . the following table summarizes the total gross contractual amounts of credit-related off-balance sheet financial instruments at december 31 . amounts reported do not reflect participations to independent third parties. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>indemnified securities financing</td><td>$ 365251</td><td>$ 324590</td></tr><tr><td>3</td><td>asset purchase agreements ( 1 )</td><td>8211</td><td>31780</td></tr><tr><td>4</td><td>unfunded commitments to extend credit</td><td>18078</td><td>20981</td></tr><tr><td>5</td><td>standby letters of credit</td><td>4784</td><td>6061</td></tr></table> ( 1 ) amount for 2009 excludes agreements related to the commercial paper conduits , which were consolidated in may 2009 ; see note 11 . approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue . since many of these commitments are expected to expire or renew without being drawn upon , the total commitment amount does not necessarily represent future cash requirements . securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions . we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities . collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition . we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed . the borrowed securities are revalued daily to determine if additional collateral is necessary . in this regard , we held , as agent , cash and u.s . government securities with an aggregate fair value of $ 375.92 billion and $ 333.07 billion as collateral for indemnified securities on loan at december 31 , 2009 and 2008 , respectively , presented in the table above . the collateral held by us is invested on behalf of our customers in accordance with their guidelines . in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested . we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement . the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition . of the collateral of $ 375.92 billion at december 31 , 2009 and $ 333.07 billion at december 31 , 2008 referenced above , $ 77.73 billion at december 31 , 2009 and $ 68.37 billion at december 31 , 2008 was invested in indemnified repurchase agreements . we held , as agent , cash and securities with an aggregate fair value of $ 82.62 billion and $ 71.87 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2009 and december 31 , 2008 , respectively . legal proceedings : in the ordinary course of business , we and our subsidiaries are involved in disputes , litigation and regulatory inquiries and investigations , both pending and threatened . these matters , if resolved adversely against us , may result in monetary damages , fines and penalties or require changes in our business practices . the resolution of these proceedings is inherently difficult to predict . however , we do not believe that the amount of any judgment , settlement or other action arising from any pending proceeding will have a material adverse effect on our consolidated financial condition , although the outcome of certain of the matters described below may have a material adverse effect on our consolidated results of operations for the period in which such matter is resolved .
Question: what was the total in asset purchase agreements in 2009?
Answer: 8211.0
Question: and what was it in 2008?
Answer: 31780.0
Question: what was, then, the change over the year?
Answer: -23569.0
Question: what was the total in asset purchase agreements in 2008?
| 31780.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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note 10 . commitments and contingencies credit-related commitments and contingencies : credit-related financial instruments , which are off-balance sheet , include indemnified securities financing , unfunded commitments to extend credit or purchase assets , and standby letters of credit . the potential loss associated with indemnified securities financing , unfunded commitments and standby letters of credit is equal to the total gross contractual amount , which does not consider the value of any collateral . the following table summarizes the total gross contractual amounts of credit-related off-balance sheet financial instruments at december 31 . amounts reported do not reflect participations to independent third parties. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>indemnified securities financing</td><td>$ 365251</td><td>$ 324590</td></tr><tr><td>3</td><td>asset purchase agreements ( 1 )</td><td>8211</td><td>31780</td></tr><tr><td>4</td><td>unfunded commitments to extend credit</td><td>18078</td><td>20981</td></tr><tr><td>5</td><td>standby letters of credit</td><td>4784</td><td>6061</td></tr></table> ( 1 ) amount for 2009 excludes agreements related to the commercial paper conduits , which were consolidated in may 2009 ; see note 11 . approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue . since many of these commitments are expected to expire or renew without being drawn upon , the total commitment amount does not necessarily represent future cash requirements . securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions . we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities . collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition . we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed . the borrowed securities are revalued daily to determine if additional collateral is necessary . in this regard , we held , as agent , cash and u.s . government securities with an aggregate fair value of $ 375.92 billion and $ 333.07 billion as collateral for indemnified securities on loan at december 31 , 2009 and 2008 , respectively , presented in the table above . the collateral held by us is invested on behalf of our customers in accordance with their guidelines . in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested . we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement . the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition . of the collateral of $ 375.92 billion at december 31 , 2009 and $ 333.07 billion at december 31 , 2008 referenced above , $ 77.73 billion at december 31 , 2009 and $ 68.37 billion at december 31 , 2008 was invested in indemnified repurchase agreements . we held , as agent , cash and securities with an aggregate fair value of $ 82.62 billion and $ 71.87 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2009 and december 31 , 2008 , respectively . legal proceedings : in the ordinary course of business , we and our subsidiaries are involved in disputes , litigation and regulatory inquiries and investigations , both pending and threatened . these matters , if resolved adversely against us , may result in monetary damages , fines and penalties or require changes in our business practices . the resolution of these proceedings is inherently difficult to predict . however , we do not believe that the amount of any judgment , settlement or other action arising from any pending proceeding will have a material adverse effect on our consolidated financial condition , although the outcome of certain of the matters described below may have a material adverse effect on our consolidated results of operations for the period in which such matter is resolved .
Question: what was the total in asset purchase agreements in 2009?
Answer: 8211.0
Question: and what was it in 2008?
Answer: 31780.0
Question: what was, then, the change over the year?
Answer: -23569.0
Question: what was the total in asset purchase agreements in 2008?
Answer: 31780.0
Question: and how much does that change represent in relation to this 2008 total, in percentage?
| -0.74163 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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